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Mason Corporation had $1,017,000 in invested assets, sales of $1,255,000, operating income amounting to $207,000, and a desired minimum return on investment of 15%. The
Mason Corporation had $1,017,000 in invested assets, sales of $1,255,000, operating income amounting to $207,000, and a desired minimum return on investment of 15%. The residual income for Mason Corporation is a. $54,450 b. $76,230 c. $0 d. ($5,100)
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