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:

A. $683,200.
B. $190,000.
C. $1,030,000.
D. $493,200.
E. $536,800.


Answer: B

Business

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