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1 1 point Juniper Design Limited of Manchester, England, provides design services to residential developers. Last year, the company had net operating income of
1 1 point Juniper Design Limited of Manchester, England, provides design services to residential developers. Last year, the company had net operating income of $490,000 on sales of $2,100,000. The company's average operating assets for the year were $2,300,000 and its minimum required rate of return was 14% Compute the company's residual income for the year. Type your answer..
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