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The following data are for the Akron Division of Consolidated Rubber, Inc.: 25 Sales Net operating income Average operating assets Stockholders' equity Residual income $830,000

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The following data are for the Akron Division of Consolidated Rubber, Inc.: 25 Sales Net operating income Average operating assets Stockholders' equity Residual income $830,000 $ 61,000 $330,000 $ 83,000 $ 23,000 For the past year, the minimum required rate of return was: Multiple Choice 46.00%

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