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Alex Corporation provides the following information for the year: Net sales Operating income Average assets...

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Accounting

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Alex Corporation provides the following information for the year: Net sales Operating income Average assets Target rate of return Division A $450,000 112,500 620,000 18% Calculate the residual income for Division A. O A. $900 O B. $111,600 O C. $81,000 OD. $31,500

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