The West Division of Shekarchi Corporation Had Average Operating Assets

question 52

Multiple Choice

The West Division of Shekarchi Corporation had average operating assets of $620,000 and net operating income of $80,100 in March. The minimum required rate of return for performance evaluation purposes is 14%.
-What was the West Division's minimum required return in March?

• A)$80,100
• B)$86,800
• C)$11,214
• D)$98,014

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