Hysong corporation uses residual income to evaluate the, Financial Accounting

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Hysong corporation uses residual income to evaluate the

Hysong Corporation uses residual income to evaluate the performance of its divisions. The minimum required rate of return for performance evaluation purposes is 11%. The Games Division had average operating assets of $530,000 and net operating income of $56,200 in June.

What was the Games Division's residual income in June?

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Financial Accounting: Hysong corporation uses residual income to evaluate the

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Financial Accounting: Hysong corporation uses residual income to evaluate the

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