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The following data pertain to Dakota Division's most recent year of operations. Income Sales revenue Average invested capital $ 15,000,000 175,000,000 60,000,000 Assume that the

The following data pertain to Dakota Division's most recent year of operations. Income Sales revenue Average invested capital $ 15,000,000 175,000,000 60,000,000 Assume that the company's minimum desired rate of return on invested capital is 12 percent Required: Compute Dakota Division's residual income for the year. Residual income

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