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Assume that Division Blue has achieved a yearly operating income of $160,000 using $987,000 of invested assets. If management has set a minimum acceptable
Assume that Division Blue has achieved a yearly operating income of $160,000 using $987,000 of invested assets. If management has set a minimum acceptable return on investment of 12%, the residual income is a. $49,872 b. $33,248 c. $160,000 Od. $41,560
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