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Residual Income The Commercial Division of Galena Company has income from operations of $42,120 and assets of $130,000. The minimum acceptable return on assets is

Residual Income

The Commercial Division of Galena Company has income from operations of $42,120 and assets of $130,000. The minimum acceptable return on assets is 9%.

What is the residual income for the division? $fill in the blank 1

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