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Question 22 4 pts Duncan Ltd. has the following information available for one its divisions in the current year: Sales revenue $3,000,000 Operating expenses 1.750,000

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Question 22 4 pts Duncan Ltd. has the following information available for one its divisions in the current year: Sales revenue $3,000,000 Operating expenses 1.750,000 Average operating assets 4,000,000 Duncan requires each of its divisions to generate a minimum return of 20%. What is this division's residual income? $450,000 $200.000 $500.000 $375,000

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