h3

In August, the Universal Solutions Division of Jugan Corporation had average operating assets of $670,000 and net operating Income of $77,500. The company uses residual income, with a minimum required rate of return of 12%, to evaluate the performance of its divisions. What was the Universal Solutions Division's residual income in August? O a. (2900) b. none of answers are correct c. 2900 O d. (3900) Depreciation expense on existing factory equipment is generally relevant to a decision of whether to accept or reject a special offer for a company's product. Select one: True False Dovacia