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

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Accounting

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

Minimum required rate of return 9%

Return on investment (ROI) 11.6%

Sales $ 760,000 T

urnover (on operating assets) 4 times

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

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