Alexander bruce and jonathon wayne are managers of two, Ask an Expert

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Alexander Bruce and Jonathon Wayne are managers of two product lines for Gotham incorporated. One of them is a candidate for promotion based on performance. Using the following data:

a. Calculate the residual income( assume a target income of 10% return on assets) and the investment center return on assets.

b. Indicate which manager should be recommended for promotion and why?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9958659

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