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Business, 15.04.2020 01:36 elijah1090

The following information is provided for each division. Investment Center Net Income Average Assets Cameras and camcorders $ 5,850,000 $ 27,800,000 Phones and communications 2,076,000 17,300,000 Computers and accessories 800,000 15,000,000 Assume a target income of 12% of average invested assets. Required: Compute residual income for each division. (Enter losses with a minus sign.)

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