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Dacker products is a division of a major corporation. the following data are for the most recent year of operations: sales $ 36,480,000 net operating income $ 2,808,960 average operating assets $ 8,000,000 the company's minimum required rate of return 16 % the division's residual income is closest to: multiple choice
a. $2,808,960
b. $4,088,960
c. $(3,027,840)
d. $1,528,960
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