Question: Responsibility Accounting Assignment 2 11 ! Required information Part 2 of 2 [The following information applies to the questions displayed below.] points eBook A manufacturer
Responsibility Accounting Assignment 2 11 ! Required information Part 2 of 2 [The following information applies to the questions displayed below.] points eBook A manufacturer reports the following for two of its divisions for a recent month. Average assets Sales Income Beverage Division $ 9,000 3,600 960 Cheese Division $ 16,000 5,800 1,400 Assume that each of the company's divisions has a target income at 7% of average assets. Compute residual income for each division. Beverage Cheese Hint Target Income Print Targeted return Target income Residual Income Beverage Cheese References Residual income
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