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  3. assume a company had net operating income of $300,

Assume a company had net operating income of $300,000, sales of $1,500,000, average operating assets...

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Accounting

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Assume a company had net operating income of $300,000, sales of $1,500,000, average operating assets of $1,000,000, and residual income of $130,000. The company's minimum required rate of return on average operating assets is closest to: Multiple Choice 17x. 18\% 16% iiviv 15%

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