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Business, 04.07.2020 21:01 kkqueen01

The Consumer Products Division of Goich Corporation had average operating assets of $1,400,000 and net operating income of $142,500 in May. The minimum required rate of return for performance evaluation purposes is 10%. What was the Consumer Products Division's residual income in May?a. $(3,300) b. $11,784
c. $3,300
d. $(11,784)

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The Consumer Products Division of Goich Corporation had average operating assets of $1,400,000 and n...
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