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Question 21 The following information is provided about a segment of a company for the year 2017: Total assets on 1/1/2017 $500,000 Total assets

Question 21 The following information is provided about a segment of a company for the year 2017: Total assets on 1/1/2017 $500,000 Total assets on 12/31/2017 $600,000 Sales $1,000,000 Operating income $140,000 Minimum required rate of return 12% What is the residual income for this segment? O $20,000 5pm

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