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Compute the residual income for the division

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Question - Dartford Company reported the following financial data for one of its divisions for the year; average investment center total assets of $5,000,000; investment center income $835,000; a target income of 12% of average invested assets. Compute the residual income for the division?

a. $734,800.

b. $1,435,000.

c. $235,000.

d. $935,200.

e. $700,200.

Reference no: EM132532199

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