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11) Determine the March 2014 residual income for an investment center with the following information: Operating income for the month ended March 31, 2014 $5,180,000
11) Determine the March 2014 residual income for an investment center with the following information:
Operating income for the month ended March 31, 2014 $5,180,000
Desired ROI 17%
Actual ROI 28%
Assets invested $18,200,000
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