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Wildhorse Industries operates as an investment center. Buddy Hall, the regions division manager, has set a required minimum rate of return of 15%. Wildhorses total

Wildhorse Industries operates as an investment center. Buddy Hall, the regions division manager, has set a required minimum rate of return of 15%. Wildhorses total assets are $361,000, current liabilities are $161,000, and operating income is $71,000. The companys weighted-average cost of capital is 18% and its tax rate is 28%.

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