The following information relates to last year's operations at the Legumes Division of Gervani Corporation: $\begin{array}{lc}
\text { Minimum required rate of return } & 12 \% \
\text { Return on investment (ROI) } & 15 \% \
\text { Sales } & \$ 900,0000 \
\text { Turnover (on operating assets) } & 3 \text { times }
\end{array}$ What was the Legume Division's net operating income last year?
A) $108,000
B) $135,000
C) $36,000
D) $45,000

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The Answer of The following information relates to last year's operations at the Legumes Division of Gervani Corporation: $\begin{array}{lc}
\text { Minimum required rate of return } & 12 \% \
\text { Return on investment (ROI) } & 15 \% \
\text { Sales } & \$ 900,0000 \
\text { Turnover (on operating assets) } & 3 \text { times }
\end{array}$ What was the Legume Division's net operating income last year?
A) $108,000
B) $135,000
C) $36,000
D) $45,000

The Following Information Relates to Last Year's Operations at the Legumes