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9 of 25 Izzy Division of Marine Boats Corporation had the following results last year (in thousands). $4,700,000 $700,000 $3,900,000 $300,000 Sales Operating income Total
9 of 25 Izzy Division of Marine Boats Corporation had the following results last year (in thousands). $4,700,000 $700,000 $3,900,000 $300,000 Sales Operating income Total assets Current liabilities Management's target rate of return is 13%, and the weighted average cost of capital is 12%. What is the Izzy Division's Residual Income (RI)? S193,000 O S91.000 O S700,000 O S507.000
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