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The following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rate of return Return on investment (ROI) Sales
The following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rate of return Return on investment (ROI) Sales Turnover (on operating assets) 6% 7.6% $800,000 2 times What was the Legume Division's net operating income last year? Multiple Choice $48,000 $12,800 $60,800 $30,400
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