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18) Bonita Company recorded the following operating data: Sales $1251000 Contribution margin 485000 Total direct fixed costs 396000 Total operating assets Jan. 1, 2022 748000
18)
Bonita Company recorded the following operating data: Sales $1251000 Contribution margin 485000 Total direct fixed costs 396000 Total operating assets Jan. 1, 2022 748000 Total operating assets Dec. 31, 2022 795000 Bonita Company's desired return 14% What is Bonita Company's residual income? O ($19010) ($13510) $13510 O ($22300)Step by Step Solution
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