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Sales Net operating income Average operating assets Minimum required rate of return $200,000 $60,000 $500,000 10% What was the Quilt Division's return on investment (ROI)

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Sales Net operating income Average operating assets Minimum required rate of return $200,000 $60,000 $500,000 10% What was the Quilt Division's return on investment (ROI) for last year? 12% 30% 40% 10% The division's residual income is closest to: 40,000 140,000 10,000 50,000

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