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The Jet Ski Division of Benton Boat Corporation had the following results last year. Management's target rate of return is 14% and the weighted average

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The Jet Ski Division of Benton Boat Corporation had the following results last year. Management's target rate of return is 14% and the weighted average cost of capital is 6%. What is the Jet Ski Division's Residual Income (RI)? A. $434,000 B. $500,000 C. $66,000 D. $70,000

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