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Crane Company earned a controllable margin of $120000 on sales of $1590000. The division had average operating assets of $1290000. The company requires a return

Crane Company earned a controllable margin of $120000 on sales of $1590000. The division had average operating assets of $1290000. The company requires a return on investment of at least 7%. How much is residual income? O $149700 $29700 O $111300 O $90300

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