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Gesidual Income and Investment Decisions Nlard, Inc, presented two years of data for its Froten Foods Divisen and its Canned foods Dwision. nivisinnt The exoected
Gesidual Income and Investment Decisions Nlard, Inc, presented two years of data for its Froten Foods Divisen and its Canned foods Dwision. nivisinnt The exoected operating incomes and the ouday required for each investment are as foliows: company's mimum required rate of retum, 7 percent. Required: 1. Compute the resisual income for each of the epportunsies. (Round to the nearest dollar.) 1. Compute the residual income for each of the epportunities. (Round to the nearest doltar.) Juice Box residual income Fruh Posch residual income 2. Compute the divisonal residual income for each of the following four aternatives: (Round to the nearest doliar.) a. The juice box is soded: 3 b. The truit pouch is sdded c. Both investments ase soled. + d. Neither investment is made; the stotus quo a moinained. 1 Wwis the correct decision inade
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