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CIMA Exam CIMAPRO19-P02-1 Topic 5 Question 78 Discussion

Actual exam question for CIMA's CIMAPRO19-P02-1 exam
Question #: 78
Topic #: 5
[All CIMAPRO19-P02-1 Questions]

Division A is an investment centre with assets of $7.3 million. The following is an extract from the annual budget for division A:

The cost of capital is 14%.

Calculate the residual income for division A.

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Suggested Answer: A, C, D

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