The Following Data Are for the Akron Division of Consolidated

question 127

Multiple Choice

The following data are for the Akron Division of Consolidated Rubber, Inc.: $\begin{array}{lrr}\text { Sales } & \$ & 750,000 \\\text { Net operating income } & \$ & 45,000 \\\text { Average operating assets } & \$ & 250,000 \\\text { Stockholder's' equity } & \$ & 75,000 \\\text { Residual income } & \$ & 15,000\end{array}$ For the past year, the minimum required rate of return was:

• A) 30%
• B) 12%
• C) 15%
• D) 6%

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Definitions:

Respiratory Therapist

A healthcare professional specialized in evaluating, treating, and caring for patients with breathing or other cardiopulmonary disorders.

Respiratory Tract

The pathway that air takes to move in and out of the lungs, including the nose, throat, windpipe, and airways of the lungs.

Physical Agents

Natural or manufactured sources of energy such as heat, light, sound, and radiation, used therapeutically to treat various medical conditions.

Physical Medicine

A branch of medicine focused on the diagnosis, treatment, and prevention of disease and disabilities using physical methods such as exercises, massage, and other therapies.