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Question 29 7.14 pts Suppose a company evaluates divisional performance using both ROI and residual income. The company's minimum required rate of return for the

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Question 29 7.14 pts Suppose a company evaluates divisional performance using both ROI and residual income. The company's minimum required rate of return for the purposes of residual income calculations is 12%. If a division has a residual income of $6,000, then its ROI is less than 12%. O True False

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