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Cabell Products is a division of a major corporation. Last year the division had total sales of $23,870.000, net operating income of $1,479.940, and average
Cabell Products is a division of a major corporation. Last year the division had total sales of $23,870.000, net operating income of $1,479.940, and average operating assets of $5,012.700. The company's minimum required rate of return is 15%. The division's return on investment (ROI) is closest to: Multiple Choice 62% 29, 5% 41.3% 21.0%
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