What would be the return on investment

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Question - The Axle Division of LaBate Company makes and sells only one product. Annual data on the Axle Division's single product follow:

Unit Selling Price $50

Unit Variable Cost $30

Total Fixed Costs $200,000

Average Operating Assets $750,000

Minimum Required Rate of Return 12%

If Axle sells 16,000 units per year, what would be the return on investment?

Reference no: EM132606455

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