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The following information relates to the Quilt Division of TDS Corporation for last year Sales Contnbution margin Net operating income Average operating assets Minimum required
The following information relates to the Quilt Division of TDS Corporation for last year Sales Contnbution margin Net operating income Average operating assets Minimum required rate of return $ 200.000 $ 90,000 $ 65,000 $ 500 000 1096 Assume that Quilt was being evaluated solely on the basis of residual income. Which of the following investment opportunities would Guilt want to invest in? A B) C) D) An investment that generates a return of 12% An investment that generates o retum of 16% Yes Yes NO Yes Yes Na No No O Option B O Optionc O Option D O Option A
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