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Dartford Company reported the following financial data for one of its divisions for the year; average investment center total assets of $3,600,000; investment center income
Dartford Company reported the following financial data for one of its divisions for the year; average investment center total assets of $3,600,000; investment center income $625,000; a target income of 12% of average invested assets. The residual income for the division is: Multiple Choice $550,000. $1,057,000. $193,000, $700,000. $507000
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