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QUESTION 16 The following information relates to the Corner Division of Hometown Enterprises Income for the period just ended: $1,500,000 Invested capital: $12,000,000 if the

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QUESTION 16 The following information relates to the Corner Division of Hometown Enterprises Income for the period just ended: $1,500,000 Invested capital: $12,000,000 if the company has an imputed interest rate of 1 1%, Corner's residual income would be: $150,000 $187,500. $180,000. $165,000. None of the answers is correct

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