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Management Accounting - Full Accounting Information Toto Company has two Business Entity Certificates requiring a minimum return of 12% for each BEC asset. An BEC

Management Accounting - Full Accounting Information

Toto Company has two Business Entity Certificates requiring a minimum return of 12% for each BEC asset. An BEC whose net operating profit is $ 400,000 a year and the investment is $ 3,000,000, calculate the residual income!

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