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Use the Hamilton Company's investment center information below to calculate (a) return on total investment and (b) investment center residual income. You must show how
Use the Hamilton Company's investment center information below to calculate (a) return on total investment and (b) investment center residual income. You must show how you calculated these two numbers for credit. (2 points)
Net Income | $315,900 |
Average Invested Assets | $2,100,000 |
Target Net Income | 6% of division assets |
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