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The following data relates to Haven Corporation and its Northern Division. Light Bulb Division sales $8,500,000 Light Bulb Division operating income $510,000 Light Bulb Division

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The following data relates to Haven Corporation and its Northern Division. Light Bulb Division sales $8,500,000 Light Bulb Division operating income $510,000 Light Bulb Division total assets $2,500,000 Light Bulb Division current liabilities $510,000 Corporate target rate of return 11% Corporate weighted average cost of capital 10% What is the Northern Division's Residual Income (RI)? O A. $275,000 B. $235,000 C. $510,000 D. $250,000 Click to select your

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