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UT TB MC Qu. 11-122 The following data pertain to Turk......

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Accounting

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UT TB MC Qu. 11-122 The following data pertain to Turk... The following data pertain to Turk Company's operations last year. Sales Net operating income Contribution margin Average operating assets Stockholders' equity Plant, property, & equipment $900,000 $ 36,000 $150,000 $180,000 $100,000 $120,000 If the residual income for the year was $9,000, the minimum required rate of return must have been Multiple Choice O O O

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