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Cabell Products is a division of a major corporation. Last year the division had total sales of $25,820,000, net operating income of $2,174,320, and average
Cabell Products is a division of a major corporation. Last year the division had total sales of $25,820,000, net operating income of $2,174,320, and average operating assets of $6,500,000. The company's minimum required rate of return is 15%. The division's turnover is closest to: Multiple Choice 11.87 3.97 0.33 223
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