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The Consumer Products Division of Mickolick Corporation had average operating assets of $400,000 and net operating income of $36,000 in August. The minimum required rate

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The Consumer Products Division of Mickolick Corporation had average operating assets of $400,000 and net operating income of $36,000 in August. The minimum required rate of return for performance evaluation purposes is 9%. What was the Consumer Products Division's residual income in August? Your Answer: Ebsen Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below

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