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The Pharmking Company has two divisions that operate independently of one another. The financial data for the year 2018 reported the following results . Sales
The Pharmking Company has two divisions that operate independently of one another. The financial data for the year 2018 reported the following results . Sales $5,000,000 perating income 5 Taxable income nvestment The company's desired rate of return is 10%. Income is defined as operating income What are the respective residual incomes for the East and West Divisions? 00,000 00,00 100,000 750,000 12.000,000 0,000,000 $60,000 and $100,000 S300,000 and $60,000 $300,000 and $100,000 $100,000 and a negative $300,000
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