Discuss the little rock division of classics companies
The Little Rock Division of Classics Companies currently reports a profit of $3.7 million. Divisional invested capital totals $9.6 million; the imputed interest rate is 13%. On the basis of this information, Little Rock's residual income is?
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The Little Rock Division of Classics Companies currently reports a profit of $3.7 million. Divisional invested capital totals $9.6 million; the imputed interest rate is 13%.
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