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Question 13 (4 points) Use the the following information for items 11, 12, 13 and 14. The ASU Company reported the following information for its

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Question 13 (4 points) Use the the following information for items 11, 12, 13 and 14. The ASU Company reported the following information for its Gold Division and Blue Division for the year 2020. Income from Operations Gold Division $120,000 Blue Division 110,000 Invested Assets $750.000 500.000 Management has established a 10% minimum acceptable return for invested assets. What is the Residual Income for the Gold Division? $50,000. $45.000

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