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Assume that Division Blue has achieved a yearly operating income of $151,000 using $1,025,000 of invested assets. If management has set a minimum acceptable return

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Assume that Division Blue has achieved a yearly operating income of $151,000 using $1,025,000 of invested assets. If management has set a minimum acceptable return on investment of 10%, the residual income is a. $58,200 b. $38,800 c. $48,500 d. $151,000

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