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The divisioris return on investment (RO) is closest to: Multiple Choico 430% 1502x 1117. 1300 Cabell Products is a division of a major corporation. Last

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The divisioris return on investment (RO) is closest to: Multiple Choico 430% 1502x 1117. 1300 Cabell Products is a division of a major corporation. Last year the division had total sales of $25,060,000. net operating income of $1,503,600, and average operating assets of $7,518,000. The company's minimum required rate of return is 19%. The division's residual income is closest to: Multiple Chaice $1,503,600 576,180 $2856.840) $2902020 The Consumer Products Division of Goich Corporation had average operating assets of $500,000 and net operating income of $41,500 in May. The minimum required rate of return for performance evaluation purposes is 12%. What was the Consumer Products Division's minimum required return in May? Multiple Choice $4,980 $41500 $64.990 $60000

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