The following information relates to last year's operations at the legumes division of gervani corporation:
minimum required rate of return 12 %
return on investment (roi) 15 %
sales $ 900,000
turnover (on operating assets) 3 times
what was the legume division's net operating income last year? multiple choice
a. $108,000
b. $135,000
c. $36,000
d. $45,000
Answers: 2
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The following information relates to last year's operations at the legumes division of gervani corpo...
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