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Orange Corp. has two divisions: Fruit and Flower The following information for the past year is available for each division Fruit Division Flower Division Sales
Orange Corp. has two divisions: Fruit and Flower The following information for the past year is available for each division Fruit Division Flower Division Sales revenue 600,000 900,000 600,000 Cost of goods sold and operating expenses 450,000 Net operating income 150,000 300,000 1,200,000 1,600,000 Average invested assets Orange has established a hurdle rate of 12 percent
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