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Dartford Company Reported the Following Financial Data for One of Its

question 86

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Dartford Company reported the following financial data for one of its divisions for the year;average investment center total assets of $3,500,000;investment center income $610,000;a target income of 12% of average invested assets.The residual income for the division is:

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Definitions:

Factual

Based on facts; real or true, rather than speculative or based on opinions.

Opening Sentence

The first sentence in a document or a paragraph that introduces the main idea or argument.

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