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Assume the Hiking Shoes division of the Simply Shoes Company had the following results last...

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Accounting

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Assume the Hiking Shoes division of the Simply Shoes Company had the following results last year (n thousands), Managomonf's target rate of ratum is 25s. is uffective tarrate is 40% What is the division's Residual Income (Ra)? A. $5,600,000 B. $5,200,000 C. $2,040,000 D. $5,100,000

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