The north division of xyz corporation had average operating assets of $1,000,000 and net operating income of $185,200 in january. the company uses residual income to evaluate the performance of its divisions, with a minimum required rate of return of 12%. what was the north division's residual income in january?

Answer

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Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

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