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point(s) possible The following data relates to Light Bulb Project that Logan Electric Division is considering. Light Bulb Project sales $6,500,000 Light Bulb Project operating
point(s) possible The following data relates to Light Bulb Project that Logan Electric Division is considering. Light Bulb Project sales $6,500,000 Light Bulb Project operating income $600,000 Light Bulb Project total assets $3,250,000 Corporate target rate of retur 16% What is the Light Bulb Project 's Residual Income (RI)? If division managers are evaluated on RI and Logan Electric Division currently has an ROI 20% would Logan Electric Division's manager accept or reject the project? OA. $80,000 and reject OB. $520,000 and reject OC. $80,000 and accept OD. $650,000 and accept COLES
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