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The Pizza Division of Frozen Foods Corporation reported the following results from the past year. Shareholders require a retum of 11%. Management calculated a weighted

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The Pizza Division of Frozen Foods Corporation reported the following results from the past year. Shareholders require a retum of 11%. Management calculated a weighted - average cost of capital (WACC) of 2\%. The company's corporate tax rate is 30%. What is the division's Residual income (Ri)? A. $38,000 B. $225,000 C. $126,000 D. $99,000

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