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Question(s) / Instruction(s):

In January, the Universal Solutions Division of Zima Corporation had average operating assets of $520,000 and net operating income of $97,600. The company uses residual income, with a minimum required rate of return of 18%, to evaluate the performance of its divisions. What was the Universal Solutions Division\'s residual income in January?

A.            $4,000

B.            ($4,000)

C.            $17,568

D.            ($17,568)

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