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TB MC Qu. 10-125 (Algo) The Consumer Products Division of... The Consumer Products Division of Goich Corporation had average operating assets of $900,000 and net

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TB MC Qu. 10-125 (Algo) The Consumer Products Division of... The Consumer Products Division of Goich Corporation had average operating assets of $900,000 and net operating income of $73,500 in May. The minimum required rate of return for performance evaluation purposes is 8%. What was the Consumer Products Division's residual income in May

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