The north division of xyz corporation had average operating assets of $1,000,000 and net operating income of $185,200 in january. the company uses residual income to evaluate the performance of its divisions, with a minimum required rate of return of 12%. what was the north division's residual income in january?

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

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answer; the inspector may have found some violation that could cause death or some kind of serious injury;

answer; blank(1); /// whitelisting; blank(2); // blacklisting;