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Reference: 12-04
Estes Company Has Assembled the Following Data for Its

question 52

Multiple Choice

Reference: 12-04
Estes Company has assembled the following data for its divisions for the past year:  Division A  Division B  Average operating assets $500,000? Sales ?$520,000 Net operating income $100,000$20,300 Turnover 1.254 Margin ?3.9% Minimum required rate of return 14%? Residual income ?$6,000\begin{array} { | l | l | l | } \hline & \text { Division A } & \text { Division B } \\\hline \text { Average operating assets } & \$ 500,000 & ? \\\hline \text { Sales } & ? & \$ 520,000 \\\hline \text { Net operating income } & \$ 100,000 & \$ 20,300 \\\hline \text { Turnover } & 1.25 & 4 \\\hline \text { Margin } & ? & 3.9 \% \\\hline \text { Minimum required rate of return } & 14 \% & ? \\\hline \text { Residual income } & ? & \$ 6,000 \\\hline\end{array}
-Division A's sales are?

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Definitions:

Personality Stability

Refers to the consistency of individual differences in thoughts, feelings, and behavior over time and across situations.

Age

A measure of the time someone or something has existed, often used as a determinant of the matureness or development stage.

Older Adults

Individuals who are in the later part of their life, often defined as being age 65 years and older.

Children

Individuals in the early stages of life, typically defined as persons under the age of 18 years.

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