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is this correct?? if not please help! QUESTION 22 The sales, income from operations, and invested assets for each division of Wren Company are as
is this correct?? if not please help!
QUESTION 22 The sales, income from operations, and invested assets for each division of Wren Company are as follows: Invested Assets Sales Division Income from Operations $630,000 760,000 750,000 $5,000,000 6,800,000 Division D $4,000,000 3,900,000 7,500,000 Division E 3,750,000 Management has established a minimum rate of return for invested assets of 10% Do Not Use Commas or $ in Your Answers What is the Residual income for Division C? 310000 What is the Residual Income for Division D? 448000 What is the Residual income for Division E? 150000 Based on Residual Income, Division D is the most profitable
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