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Residual Income The Consumer Division of Peanut Co. has income from operations of $203,760 and assets of $461,000. The minimum acceptable rate of return on

Residual Income

The Consumer Division of Peanut Co. has income from operations of $203,760 and assets of $461,000. The minimum acceptable rate of return on assets is 13%.

What is the residual income for the division? $

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