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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 7 % Return on investment

The following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rate of return 7 % Return on investment (ROI) 8.7 % Sales $ 710,000 Turnover (on operating assets) 3 times What was the Legume Division's net operating income last year?

$61,770

$20,590

$49,700

$12,070

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