Company minimum required rate of return, Accounting Basics

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Company minimum required rate of return

Ceder Products is a division of a major corporation. Last year the division had total sales of $21,520,000 net operating income of $538,000 and average operating of $8,000,000. The company's minimum required rate of return is 18%

a) What is the division's margin

b) The division's turnover

c) The division's return on investment (ROI)

d) The division's residual income

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Accounting Basics: Company minimum required rate of return

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Company minimum required rate of return

Reference No:- TGS080669

Recent Questions Asked Accounting Basics

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