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Cabell Products is a division of a major corporation. Last year the division had total sales of $21720,000, net operating income of $1,346,640, and
Cabell Products is a division of a major corporation. Last year the division had total sales of $21720,000, net operating income of $1,346,640, and average operating assets of $4,778,400. The company's minimum required rate of return is 15% The division's return on investment (ROI) is closest to: Multiple Choice 28.2% 41.3% O 22.0% 62%
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