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The following data are for the Akron Division of Consolidated Rubber, Incorporated: Sales $ 7 5 0 , 0 0 0 Net operating income $

The following data are for the Akron Division of Consolidated Rubber, Incorporated:
Sales $ 750,000
Net operating income $ 45,000
Average operating assets $ 250,000
Stockholders' equity $ 75,000
Residual income $ 15,000
For the past year, the turnover used in ROI calculations was:

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