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28) The following results The following results pertain to an investment center. Sales $1, 682, 500 Variable costs 880, 000 Traceable fixed costs 120, 000

28) The following results

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The following results pertain to an investment center. Sales $1, 682, 500 Variable costs 880, 000 Traceable fixed costs 120, 000 Average investment 1, 050, 000 Divisional cost of capital (discount rate) 8% How much is the residual income (RI) for this investment center

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