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#14 thank you 14. IBA Industries is a division of a major corp The following data are for the latest year of operations Sales $5.820.000

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14. IBA Industries is a division of a major corp The following data are for the latest year of operations Sales $5.820.000 NOI $436 500 AVErage Operating Assets $2.000.000 Min Required ROR 18% What is the divisions residual income? 3

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