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The Commercial Division of Galena Company has operating income of 12680000 and assets of 74500 000 The minimum acceptable return on assets is 12 What is the residual income for the division

The Commercial Division of Galena Company has operating income of $12,680,000 and assets of $74,500,000. The minimum acceptable return on assets is 12%. What is the residual income for the division?

May 13 2021 View more View Less

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