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The West Division of Frede Corporation had average operating assets of $639,000 and net operating income of $103,000 in December. The minimum required rate of

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The West Division of Frede Corporation had average operating assets of $639,000 and net operating income of $103,000 in December. The minimum required rate of return for performance evaluation purposes is 17%. What was the West Divisions minimum required return in December? $103,000 $108, 630 $17, 510 $126, 140

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