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The Consumer Products Division of Goich Corporation had average operating assets of $800,000 and net ...

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The Consumer Products Division of Goich Corporation had average operating assets of $800,000 and net ...

The Consumer Products Division of Goich Corporation had average operating assets of $800,000 and net operating income of $81,300 in May. The minimum required rate of return for performance evaluation purposes is 10%.

What was the Consumer Products Division's minimum required return in May?

▸ $81,300

▸ $8,130

▸ $88,130

▸ $80,000

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Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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