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Bella Company uses average operating assets for performance evaluation purposes. The following data are available for Bella's most recent year of operations: Bella's operating assets

Bella Company uses average operating assets for performance evaluation purposes. The following data are available for Bella's most recent year of operations: Bella's operating assets increased by 25% during the year. If the company's residual income for the year was $9,000, then its minimum required rate of return must have been

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