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The Labrador Falls Company has three divisions: A Division, B Division, and C Division. $324,000 $544,000 Sales Net operating income Residual Income Average Division Assets
The Labrador Falls Company has three divisions: A Division, B Division, and C Division. $324,000 $544,000 Sales Net operating income Residual Income Average Division Assets Cost of Capital Profit Margin Asset Turnover Return on investment $24,400 14,800 252,000 322,000 82,000 62,000 38,000 14% 22% 16% 5% 4 20% What was A Division's residual income last year? $18,600 O $11,600 O $35,280 O $43,400
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