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Championship Corporation's three divisions had the following operating data during 20X1. Total assets Variable costs Revenue Controllable fixed costs Jordan Pippen Rodman $450,000 $320,000
Championship Corporation's three divisions had the following operating data during 20X1. Total assets Variable costs Revenue Controllable fixed costs Jordan Pippen Rodman $450,000 $320,000 $220,000 90,000 135,000 50,000 200,000 250,000 170,000 40,000 60,000 50,000 Compute residual income for JORDAN. The required minimum rate of return is 16%. Positive $2,800 Negative $2,000 Positive $3,800 Negative $4,800
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