Ceder products is a division of a major corporation. last, Ask an Expert

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Ceder Products is a division of a major corporation. Last year the division had total sales of $21,520,000 net operating income of $538,000 and average operating of $8,000,000. The company's minimum required rate of return is 18%

a) What is the division's margin

b) The division's turnover

c) The division's return on investment (ROI)

d) The division's residual income

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9441235

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