Multiple Choice
Dartford Company reported the following financial data for one of its divisions for the year;average investment center total assets of $3,500,000;investment center income $610,000;a target income of 12% of average invested assets.The residual income for the division is:
A) $536,800.
B) $1,030,000.
C) $190,000.
D) $683,200.
E) $493,200.
Correct Answer:
Verified
Correct Answer:
Verified
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