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Rosemary Division of Spice Industries had average operating assets of 5525, 00 and net operating income 75.000 The company uses residual income, with a minimum
Rosemary Division of Spice Industries had average operating assets of 5525, 00 and net operating income 75.000 The company uses residual income, with a minimum required rate of return of 13% to evaluate the performance of its divisions. What was Rosemary Division's residual income? (56, 620) B. 56,620 \$9,750 9,750
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