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The West Division of Shekarchi Corporation Had Average Operating Assets

Question 52

Multiple Choice

The West Division of Shekarchi Corporation had average operating assets of $620,000 and net operating income of $80,100 in March. The minimum required rate of return for performance evaluation purposes is 14%.
-What was the West Division's minimum required return in March?


A) $80,100
B) $86,800
C) $11,214
D) $98,014

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