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3. a) How do companies price products using the cost-plus approach? b) Show the formula to calculate ROI and Residual Income C) Bruce & Co.

3. a) How do companies price products using the cost-plus approach? b) Show the formula to calculate ROI and Residual Income C) Bruce & Co. has the following information. Sales $100,00 Operating Expense $90,000 Net Operating Income $10,000 Average Operating Assets $50,000 Required: What is the Expected Return on Investment

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