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Business, 25.12.2019 01:31 igobeastmode

Carter company reported the following financial numbers for one of its divisions for the year; average total assets of $4,280,000; sales of $4,705,000; cost of goods sold of $2,730,000; and operating expenses of $1,552,000. assume a target income of 8% of average invested assets. compute residual income for the division: $158,000. $38,100. $80,600. $33,840. $90,600.

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Carter company reported the following financial numbers for one of its divisions for the year; aver...
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