Question: Moving to another question will save this response. Question 10 The following data pertain to STC's operations last year Sales $ 900,000 Net operating income

 Moving to another question will save this response. Question 10 The

Moving to another question will save this response. Question 10 The following data pertain to STC's operations last year Sales $ 900,000 Net operating income $ 36,000 Contribution margin $ 150.000 Average operating assets $ 180,000 Stockholders' equity $ 100,000 Plant, property, & equipment $ 120,000 If the residual income for the year was $9.000, the minimum required rate of return must have been 20% 15% 36% Moving to another Question will save this response

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