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Mason Corporation had $1,072,000 in invested assets, sales of $1,200,000, operating income amounting to $249,000, and a desired minimum return on investment of 12%. The

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Mason Corporation had $1,072,000 in invested assets, sales of $1,200,000, operating income amounting to $249,000, and a desired minimum return on investment of 12%. The residual income for Mason Corporation is a. 50 b. $168,504 c. $120,360 d. ($5,400)

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