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Consider the following data of Thor Corporations Southern Divison Sales Revenue 236,800 Capital turnover 3.20 Return on investment 20.8% Imputed interest rate 10% Calculate Southerns
Consider the following data of Thor Corporations Southern Divison
Sales Revenue 236,800
Capital turnover 3.20
Return on investment 20.8%
Imputed interest rate 10%
Calculate Southerns residual income
a. $2,736
b. $81,839
c. $7,992
d. $11,749
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