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Guardian Corporation has two major divisions- Healthcare Products and Pharmaceutical Products. It provides the following information for the year. Healthcare Pharmaceutica I Division Division $150,000$1,000,000
Guardian Corporation has two major divisions- Healthcare Products and Pharmaceutical Products. It provides the following information for the year. Healthcare Pharmaceutica I Division Division $150,000$1,000,000 $218,400 $310,000$5,660,000 Net sales perating income Average assets Target rate of return Calculate the residual income for the Healthcare Division. $47,000 13.090 13.090 Select one: A. $47,000 B. $6700 C. $27,500 D. $103,000
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