The consumer products division of weiter corporation had

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The Consumer Products Division of Weiter Corporation had average operating assets of $570,000 and net operating income of $65,100 in March. The minimum required rate of return for performance evaluation purposes is 12%.

What was the Consumer Products Division's residual income in March?


-$3,300

$3,300

-$7,812

$7,812

Reference no: EM13480860

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