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The ASU Company reported the following information for its Gold Division and Blue Division for the year 2020. Income from Operations Invested Assets Gold Division

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The ASU Company reported the following information for its Gold Division and Blue Division for the year 2020. Income from Operations Invested Assets Gold Division $120,000 $750,000 Blue Division 110,000 500,000 Management has established a 10% minimum acceptable return for invested assets. What is the Residual Income for the Blue Division

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