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The telemarketing division of big disco corp generated a resudual income of $390,000 and a return on invesment of 30% with average annual assets of

The telemarketing division of big disco corp generated a resudual income of $390,000 and a return on invesment of 30% with average annual assets of $3,000,000. What was the target rate of return the company used to compute the Telemarketing Division's residual income?

A) 30% B) 17% C) 13% D) 25%

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