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Cabell Products is a division of a major corporation. Last year the division had total sales of $25,620,000, net operating income of $2,074,320, and average
Cabell Products is a division of a major corporation. Last year the division had total sales of $25,620,000, net operating income of $2,074,320, and average operating assets of $6,300,000. The company's minimum required rate of return is 10%. The division's turnover is closest to: Multiple Choice 0.33 0 3.29 O 12.35 4.07
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