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Business, 16.04.2020 17:25 jesseniaindiaaoyr75n

The Avila Division of Maldonado Company had operating income last year of $136,400 and average operating assets of $1,900,000. Maldonado’s minimum acceptable rate of return is 9%. Required: Enter negative values as negative numbers. 1. Calculate the residual income for the Avila Division.

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