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The following data pertain to Dakota Division's most recent year of operations. Income Sales revenue $ 14,500,000 170,000,000 Average invested capital 59,000,000 Assume that

The following data pertain to Dakota Division's most recent year of operations. Income Sales revenue $ 14,500,000 170,000,000 Average invested capital 59,000,000 Assume that the company's minimum desired rate of return on invested capital is 11 percent. Required: Compute Dakota Division's residual income for the year. Residual income

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