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Waterloo Company controllable margin of $125,000 on sales of $1,000,000 . The division had average operating 1,300.000 . The company requires a return on investment
Waterloo Company controllable margin of \$125,000 on sales of $1,000,000 . The division had average operating 1,300.000 . The company requires a return on investment of at least 8 % How much is residual income ? Select one a. 128.000 b $146,000 c$104,000 d. $ 21,000
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