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Finch Sailing is a manufacturer of sailboat accessories. Finch has two divisions that report on...

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Accounting

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Finch Sailing is a manufacturer of sailboat accessories. Finch has two divisions that report on a decentralized basis. Their results for the year were as follows: Winches Sales Cleats S150.000 $300,000 Income $15,000 $45,000 Asset base $75,000 Weighted average cost of capital $150,000 8% 8% Required: Compute the following amounts for the Winch Division: Select and Copy the following question parts (A& B) into the text box below and answer the question parts: (show your work to be considered for partial credit) Residual income if the desired rate of return is 129. EVA. For the toolbar. press ALT+F10 (PC) or Al T+FN+F10 M

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