The minimum required rate of return for the past year was?

A) 36%.
B) 12%.
C) 8%.
D) 40%.

Minimum Required Rate of Return

The lowest acceptable return on investment for a project or investment, often determined by the cost of capital or desired profit.

Gross Margin

The variance between the revenue generated from sales and the cost incurred from goods sold, calculated as a fraction of the sales revenue.

Net Operating Income

The total profit of a company after operating expenses are subtracted from operating revenues.