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Obj. 4 BE 9-5 Residual income The Commercial Division of Galena Company has income from...

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Accounting

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Obj. 4 BE 9-5 Residual income The Commercial Division of Galena Company has income from operations of $12,680,000 and assets of $74,500,000. The minimum acceptable return on assets is i 2%, what is the residual income for the division

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