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danny2012 danny2012
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9 months ago

The following information relates to last year's operations at the Legumes Division of Gervani Corporation:

Minimum required rate of return6%
Return on investment (ROI)7.8%
Sales$ 840,000
Turnover (on operating assets)2times

What was the Legume Division's net operating income last year?



▸ $65,520

▸ $32,760

▸ $50,400

▸ $15,120
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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doquangnhatdoquangnhat
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9 months ago
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danny2012 Author
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9 months ago
Thank you, thank you, thank you!
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Yesterday
Smart ... Thanks!
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2 hours ago
Helped a lot
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