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Calculator Assume that divisional income from operations amounts to $210,000, and top management has established 15% as the minimum return on divisional assets totaling $1,070,000.
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Assume that divisional income from operations amounts to $210,000, and top management has established 15% as the minimum return on divisional assets totaling $1,070,000. The residual income for the division is
a.$909,500
b.$160,500
c.$210,000
d.$49,500
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