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Mason Corporation has three business segments: paint, wallpapers, and tools. The company's assumed cost of capital is 12%. Financial information about each segment follows. Paint
Mason Corporation has three business segments: paint, wallpapers, and tools. The company's assumed cost of capital is 12%. Financial information about each segment follows. Paint Segment Wallpaper Segment Tools Segment Segment operating income S650,000 $475,000 $900,000 Invested capital 8,500,000 2,500,000 7,500,000 Calculate the residual income for Paint Segment. O A. - $370,000 OB. $0.076 O C. $13.077 OD. - $7,850 O E. none of the above
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