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TB MC Qu. 11-142 The following data are for the Akron... The following data are...

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Accounting

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TB MC Qu. 11-142 The following data are for the Akron... The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income Average operating assets Stockholders' equity Residual income $930,000 $ 81,000 $430,000 $ 93,000 $ 33,000 For the past year, the minimum required rate of return was: Multiple Choice 66.00% 3267% 11.16% 8.71%

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