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User One of a company's divisions is considering a new investment of $140 on January 1 of its next fiscal year. Operating income without the
User One of a company's divisions is considering a new investment of $140 on January 1 of its next fiscal year. Operating income without the new investment is projected to be $240 and average invested capital without the new investment is projected to be $3,607. The new investment is projected to generate a return of 12%. The division's cost of invested capital is 5%. What is the division's residual income if the new investment is made
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