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1- Mason Corporation had $1,017,000 in invested assets, sales of $1,244,000, income from operations amounting to $236,000, and a desired minimum return of 15%. The
1- Mason Corporation had $1,017,000 in invested assets, sales of $1,244,000, income from operations amounting to $236,000, and a desired minimum return of 15%.
The residual income for Mason Corporation is;
2- Blaser Corporation had $1,021,000 in invested assets, sales of $1,290,000, income from operations amounting to $222,000, and a desired minimum return of 13%. The return on investment for Blaser Corporation is
Round the percentage to one decimal place.
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