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In January, the Universal Solutions Division of Dallas Corporation had assets of S520,000 and net operating income of $97,600. The company uses residual income, with

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In January, the Universal Solutions Division of Dallas Corporation had assets of S520,000 and net operating income of $97,600. The company uses residual income, with a target rate of return of 18%, to evaluate the performance of its divisions. What was the Universal Solutions Division's residual income in January? $17.568 O ($4,000) ($17.568) $4,000

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