The Consumer Products Division of Weiter Corporation Had Average Operating

question 36

Multiple Choice

The Consumer Products Division of Weiter Corporation had average operating assets of $570,000 and net operating income of $65,100 in March. The minimum required rate of return for performance evaluation purposes is 12%.
-What was the Consumer Products Division's minimum required return in March?

• A)$7,812
• B)$76,212
• C)$68,400
• D)$65,100

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