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Question 13 Not yet answered Points out of 100 Flag question For the month of October, 2019, a division of Romage Industries had the following
Question 13 Not yet answered Points out of 100 Flag question For the month of October, 2019, a division of Romage Industries had the following operating data: Sales revenue $450,000 Income $25,000 Investments $500,000 Opportunity cost of capital 69 Based on the above information, which one of the following statements is correct? The division has Select one: O a. residual income of $(5,000). b. return on investment of 5.6%. c. residual income of $30,000. d. return on investment of 6%. ho
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