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The West Division of Cecchetti Corporation had average operating assets of $661,000 and net operating income of $85,000 in August. The minimum required rate of

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The West Division of Cecchetti Corporation had average operating assets of $661,000 and net operating income of $85,000 in August. The minimum required rate of return for performance evaluation purposes is 15 % What was the West Division's minimum required return in August? Multiple Choice $85,000 9,150 $12.750 $111.900 Next>

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