The Consumer Products Division of Mickolick Corporation had average operating assets of $520,000 and net...
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Accounting
The Consumer Products Division of Mickolick Corporation had average operating assets of $520,000 and net operating income of $42,500 in August. The minimum required rate of return for performance evaluation purposes is 996. What was the Consumer Products Division's minimum required return in August? o $3,825 O $42,500 $50,625 O $46.800
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