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The following selected data pertain to Beck Co.'s Beam Division for last year: Sales $400,000 variable expenses $100,000 traceable fixed expenses $250,000 average operating assets
The following selected data pertain to Beck Co.'s Beam Division for last year:
Sales $400,000
variable expenses $100,000
traceable fixed expenses $250,000
average operating assets $200,000
min. required rate of return 20%
How much is the return on the investment?
12.5%.
20%.
25%.
40%
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