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The following data pertains to the dress division of Yama Industries: Sales$700,000 Invested Capital$200,000 Net operating profit after taxes$48,000 Minimum required return18% How much is
The following data pertains to the dress division of Yama Industries:
Sales$700,000
Invested Capital$200,000
Net operating profit after taxes$48,000
Minimum required return18%
How much is residual income or loss?
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