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The manager of Synergy Company's Stock Division projects the following for next year: Sales $195,000 Operating Income 70,000 Operating assets 385,000 The manager can invest
The manager of Synergy Company's Stock Division projects the following for next year: Sales $195,000 Operating Income 70,000 Operating assets 385,000 The manager can invest in an additional project that would require $50,000 investment in additional assets and would generate $9,000 of additional income. company's minimum rate of return is 15%. What is the residual income for the Stock Division with the additional project? Os 525.000 Ob. 54,200 Oc. $40,000 Od: 318.750
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