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The following data are for the Akron Division of Consolidated Rubber, Inc.: The following data are for the Akron Division of Consolidated Rubber, Inc $770,000

The following data are for the Akron Division of Consolidated Rubber, Inc.:

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The following data are for the Akron Division of Consolidated Rubber, Inc $770,000 $ 49,006e $270,000 $ 77,000 17,000 Sales Net operating income Average operating assets Stockholders' equity Residual income For the past year, the minimum required rate of return was: Multiple Choice 34.00% 11.85% 1755% 6.36%

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