Residual Income The Avila Division of Maldonado Company had operating income last year of $112,800...
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Residual Income The Avila Division of Maldonado Company had operating income last year of $112,800 and average operating assets of $720,000. Maldonado's minimum acceptable rate of return is 10% Required: 1. Calculate the residual income for the Avila Division. Round your answer to the nearest dollar. Residual income s 2. was the ROI for the Avila Division greater than, less than, or equal to 10967
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