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Our company reported the following financial numbers for one of its divisions for the year; average total assets of $4,100,000; sales of $4,525,000; cost of goods sold of $2,550,000; and operating expenses of $1,372,000. assume a target income of 10% of average invested assets. compute residual income for the division:
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Our company reported the following financial numbers for one of its divisions for the year; average...
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