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The Sherlock Division recorded operating data as follows for the past year: Sales Operating expenses $300,000 225,000 Average operating assets 225,000 Stockholders' equity 80,000 Minimum
The Sherlock Division recorded operating data as follows for the past year: Sales Operating expenses $300,000 225,000 Average operating assets 225,000 Stockholders' equity 80,000 Minimum required rate of return 20% For the past year, the margin was
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