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Carter Company reported the following financial numbers for one of its divisions for the year, average total assets of $4,100,000 sales of $4,525,000, cost of

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Carter Company reported the following financial numbers for one of its divisions for the year, average total assets of $4,100,000 sales of $4,525,000, cost of goods sold of $2.550,000, and operating expenses of $1.372.000. Assume a target income of 10% of average invested assets Compute residual income for the division 0 435)

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