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Babak Industries is a division of a major corporation. Last year the division had total sales of $19,960,000, net operating income of $1,881,760, and average
Babak Industries is a division of a major corporation. Last year the division had total sales of $19,960,000, net operating income of $1,881,760, and average operating assets of $6,400,000. The division's turnover is closest to: Multiple Choice 3.12 O O 0.29 O 2.34 O O 10.61 Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $37,880,000 $ 3,508,960 $ 9,400,000 14% The division's margin used to compute ROI is closest to: Multiple Choice 34.1% 37.3% 24.8% 9.3%
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