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Business, 21.04.2020 17:39 Nicolegrove7927

The following information relates to Kew Company's Vale Division for last year: sales $500,000 variable costs 300,000 fixed costs 50,000 return on investment 25% minimum required rate of return 6% Calculate the residual income reported by Vale Division last year.

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The following information relates to Kew Company's Vale Division for last year: sales $500,000 vari...

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