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? Requlred Information [ The following information applies to the questions displayed below. ] A manufacturer reports the following for two of its divisions for

?

Requlred Information

[

The following information applies to the questions displayed below.

]

A manufacturer reports the following for two of its divisions for a recent month.

Assume that each of the company's divisions has a target income at

7 %

of average assets. Compute residual income for each division.

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