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Q1-b - May I please get help/guidance with the following homerowrk question? Thank you for your help. Below is information from an investment center in

Q1-b - May I please get help/guidance with the following homerowrk question? Thank you for your help.

Below is information from an investment center in Bilco Inc..

What are the:

a) return on total investment and

b) investment center residual income.Show all calculations.

Net Income$315,900
Average Invested Assets$2,100,000
Target Net Income6% of division assets

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