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The following information relates to last year's operations at the Dairy Division of Carrefour Bahrain: Minimum required rate of return 11% Return on investment (ROI)

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The following information relates to last year's operations at the Dairy Division of Carrefour Bahrain: Minimum required rate of return 11% Return on investment (ROI) 14.4% Sales $ 970,000 Turnover (on operating assets) 6 times What was the Dairy Division's net operating income last year? $139,680 5106,700 532,980 $23,280

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