=+PE 24-4B Profit margin, investment turnover, and ROI obj. 4 EE 24-4 p. 1099 The Consumer Division
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=+PE 24-4B Profit margin, investment turnover, and ROI obj. 4 EE 24-4 p. 1099 The Consumer Division of Woods Company has income from operations of $60,000 and assets of $440,000. The minimum acceptable rate of return on assets is 12%. What is the residual income for the division?
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