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Daab Products is a division of a major corporation. The following data are for the most recent year of operations: Sales $ 11,520,000 Net operating
Daab Products is a division of a major corporation. The following data are for the most recent year of operations: Sales $ 11,520,000 Net operating income $ 322,560 Average operating assets $ 3,000,000 Minimum required rate of return 10% The division?s turnover used to compute ROI is closest to: 3.84 0.11 35.71 3.47
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