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Compute the minimum required return for the North Division of National Corporation. Minimum required rate of return for performance evaluation purposes is 15%. Average operating
Compute the minimum required return for the North Division of National Corporation.
Minimum required rate of return for performance evaluation purposes is 15%.
Average operating assets: $692,000
Net operating income: $80,000
Group of answer choices
$109,800
$104,320
$103,800
$95,480
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