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RI Carrington Co . operates its two divisions as investment centers. Information about these divisions follows. a . What is the residual income of each
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Carrington Co operates its two divisions as investment centers. Information about these divisions follows.
a What is the residual income of each division if the "charge" on invested assets is percent?
Which division is doing a better job?
b If the only change expected for next year is a sales increase of percent, what will be the residual income of each division?
Which division is doing a better job?
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