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A manufacturer reports the following for two of its divisions for a recent month. Exercise 22-13 (Algo) Residual income LO A1 Assume that each of

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A manufacturer reports the following for two of its divisions for a recent month. Exercise 22-13 (Algo) Residual income LO A1 Assume that each of the company's divisions has a target income at 7% of average assets. Compute residual income for each division

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