The Consumer Products Division of Mickolick Corporation Had Average Operating

question 67

Multiple Choice

The Consumer Products Division of Mickolick Corporation had average operating assets of $450,000 and net operating income of $38,700 in August. The minimum required rate of return for performance evaluation purposes is 10%. What was the Consumer Products Division's minimum required return in August?

• A)$3,870
• B)$38,700
• C)$48,870
• D)$45,000

---

Definitions:

Level of Prevention

The strategies implemented to prevent disease or injury, categorized into primary, secondary, and tertiary prevention.

Diabetes

A chronic condition characterized by high blood sugar levels resulting from the body's inability to produce or effectively use insulin.

Cognitive Function

Mental processes that involve the ability to learn, remember, reason, solve problems, make decisions, and pay attention.

Moderate to Vigorous

Describes physical activities that range from moderate intensity, where you can talk but not sing, to vigorous intensity, where talking becomes difficult.