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The Jenkins Division recorded operating data as follows for the past year: Sales $600,000 Net operating income $30,000 Average operating assets $200,000 Stockholders' equity $50,000

The Jenkins Division recorded operating data as follows for the past year:

Sales $600,000
Net operating income $30,000
Average operating assets $200,000
Stockholders' equity $50,000
Residual income $14,000

For the past year, the turnover used in ROI calculations was:

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