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BFF Corporation uses an imputed interest rate of 14% in the calculation of residual income. Division X, which is part of BFF, had invested capital
BFF Corporation uses an imputed interest rate of 14% in the calculation of residual income. Division X, which is part of BFF, had invested capital of $1,210,000 and an ROI of 17%. On the basis of this information, X's residual income was:
$28,798. | |
$36,300. | |
$169,400. | |
$205,700. | |
None of these. |
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