Brodrick Corporation uses residual income to evaluate the performance of its divisions. The minimum required rate of return for performance evaluation purposes is 19%. The Games Division had average operating assets of $140,000 and net operating income of $25,900 in August.Required:What was the Games Division's residual income in August?

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The Answer of Brodrick Corporation uses residual income to evaluate the performance of its divisions. The minimum required rate of return for performance evaluation purposes is 19%. The Games Division had average operating assets of $140,000 and net operating income of $25,900 in August.Required:What was the Games Division's residual income in August?

Brodrick Corporation Uses Residual Income to Evaluate the Performance of Its