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Mason Corporation had $1,126,000 in invested assets, sales of $1,231,000, operating income amounting to $244,000, and a desired minimum return on investment of 15%. The
Mason Corporation had $1,126,000 in invested assets, sales of $1,231,000, operating income amounting to $244,000, and a desired minimum return on investment of 15%. The residual income for Mason Corporation is a. $75,100 b. ($5,400) c. $105,140 d. $0
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