The Consumer Products Division of Weiter Corporation Had Average Operating

Multiple Choice

The Consumer Products Division of Weiter Corporation had average operating assets of $570,000 and net operating income of $65,100 in March. The minimum required rate of return for performance evaluation purposes is 12%.
-What was the Consumer Products Division's minimum required return in March?

A) $7,812
B) $76,212
C) $68,400
D) $65,100