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Assume the Residential Division of Kipper Faucets had the following results last year. Net sales revenue Operating income Average total assets Management's target rate of

Assume the Residential Division of Kipper Faucets had the following results last year. Net sales revenue Operating income Average total assets Management's target rate of return $ 8,480,000 2,120,000 5,300,000 16% What is the division's ROI

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