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Jordan Company has two divisions, which reported the following results for the most recent year. Division I Division II Income 02,700,000 00,600,000 Average invested capital

Jordan Company has two divisions, which reported the following results for the most recent year. Division I Division II Income 02,700,000 00,600,000 Average invested capital 18,000,000 03,000,000 ROI 15% 20% Imputed interest rate = 10% What is the residual income of Division II?

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