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Real Company reports the following: Net operating income $ 30,000 Average operating assets $ 400,000 Turnover 50% The residual income is $10,000. What is the
Real Company reports the following:
Net operating income $ 30,000
Average operating assets $ 400,000
Turnover 50%
The residual income is $10,000. What is the minimum required rate of return?
Group of answer choices
6%
none of the other
8%
7%
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