The Consumer Products Division of Goich Corporation had average operating assets of $435,000 and net operating income of $48,000 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?
Multiple Choice
$4,800
$48,000
$48,300
$43,500

Southeastern oklahoma state university's business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. however, in an effort to limit class sizes to a "reasonable" level (under 200 generally), southeastern's dean, holly lutze, placed a ceiling on enrollment of 1,600 new students. although there was ample demand for business courses last semester, conflicting schedules allowed only 1,440 new students to take business courses.the utilization rate for southeastern=%the efficiency rate for southeastern=%