Question: Question 16 5 pts Rye Industries has a minimum required rate of return of 1695. Rye has two divisions, Commercial and Consumer. During the current
Question 16 5 pts Rye Industries has a minimum required rate of return of 1695. Rye has two divisions, Commercial and Consumer. During the current year, the Consumer Division reports a return on investment of 24% and residual income of $50,000. What are the Consumer Division's average operating assets? Round to the nearest whole dollar and do not enter a dollar sign leg, enter 89, not $89.00). Question 17 5 pts
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