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Calculate the amount of residual income

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Reference no: EM133184516

Question - The Electrical Division of XuGu Company has the following data related to a particular period:

Average invested capital $651770

Imputed interest rate 10.4%

Revenues $2049596

Variable costs $1130175

Fixed costs related solely to the division $665844

Required - Calculate the amount of residual income for the Electrical Division for the period.

Reference no: EM133184516

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