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  3. 4) the mr. bill corporation produces various produ

4) The Mr. Bill Corporation produces various products made from clay and reported the following...

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Accounting

4) The Mr. Bill Corporation produces various products made from clay and reported the following financial data for its Sluggo Division for the year; the Sluggo Division's investment center had average total assets of $4,100,000; investment center income of $700,000; and a target income of 12% of average invested assets. The residual income for the Sluggo Division is: A) B) $616,000. $1,192,000. C) $208,000. D) $784,000. E) $700,000.
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4) The Mr. Bill Corporation produces various products made from clay and reported the following financial data for its Sluggo Division for the year; the Sluggo Division's investment center had average total assets of $4,100,000; investment center income of $700,000; and a target income of 12% of average invested assets. The residual income for the Sluggo Division is: A) $616,000. B) $1,192,000. C) $208,000. D) $784,000. E) $700,000

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