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The Consumer Products Division of Goich Corporation had average operating assets of $470,000 and net operating income of $40,000 in May. The minimum required rate
The Consumer Products Division of Goich Corporation had average operating assets of $470,000 and net operating income of $40,000 in May. The minimum required rate of return for performance evaluation purposes is 9%. 6 What was the Consumer Products Division's minimum required return in May? Multiple Choice O $3,600 O $40,000 O $45,900 O $42,300
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