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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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