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Barrera Corporation provides the following financial information:Minimum Acceptable Operating Income$560,000average total assets$2,530,000operating income$705,000Return of investment27,87?%net...

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Accounting

Barrera Corporation provides the following financial information:

Minimum Acceptable Operating Income

$560,000

average total assets

$2,530,000

operating income

$705,000

Return of investment

27,87?%

net sales

$875,000


Calculate the target rate of return. 

Answer & Explanation Solved by verified expert
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