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Coleman, Inc., anticipates sales of 60,000 units, 50,000 units, and 54,000 units in July, August, and September, respectively. Company policy is to maintain an ending

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Coleman, Inc., anticipates sales of 60,000 units, 50,000 units, and 54,000 units in July, August, and September, respectively. Company policy is to maintain an ending finished-goods inventory equal to 20% of the following month's sales. On the basis of this information, how many units would the company plan to produce in August? Your Answer: Answer Question 17 (5 points) The Consumer Products Division of Mickolick Corporation had average operating assets of $469,000 and net operating income of $38,000 in August. The minimum required rate of return for performance evaluation purposes is 8%. What was the Consumer Products Division's residual income in August? Your

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