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Assume that divisional income from operations amounts to $185, 207.00 and top management has established 16% as the minimum rate of return on divisional assets

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Assume that divisional income from operations amounts to $185, 207.00 and top management has established 16% as the minimum rate of return on divisional assets totaling $1, 071, 914.00. What is the residual income for the division? Select the correct answer. $185, 207.00 $160, 787.10 $0.00 $13, 700.76

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