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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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