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Chace Products is a division of a major corporation Last year the division had total sales of $21300000 net operating income of $575.100, and average

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Chace Products is a division of a major corporation Last year the division had total sales of $21300000 net operating income of $575.100, and average operating assets of $5.000.000. The company's minimum required rate of return is 12 The division's residual income is closest to O S90 900) O 04900

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