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Consider the following data from two divisions of a company, P and Q: Divisional Sales Operating Income Investment P Q $1,300,000 $1,100,000 $ 650,000 $

Consider the following data from two divisions of a company, P and Q: Divisional Sales Operating Income Investment P Q $1,300,000 $1,100,000 $ 650,000 $ 550,000 $1,950,000 $2,090,000 If the minimum rate of return is 10%, what is Division P's residual income (RI)? Multiple Choice $845.000 $1.235.000 $1105.000 $455,000 51.885.000

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