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The following information relates to last year's operations at the Paper Division of Germane Corporation: What was the Paper Division's net operating income last year?

image text in transcribed The following information relates to last year's operations at the Paper Division of Germane Corporation:

What was the Paper Division's net operating income last year?

Minimum required rate of return Return on investment (ROI) Sales Turnover (on operating assets) 15% 18% $810,000 5 times

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