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3 Gibson Corporation has a desired rate of return of 8 percent. William Tobin is in charge of one of Gibson's three investment centers, His
3 Gibson Corporation has a desired rate of return of 8 percent. William Tobin is in charge of one of Gibson's three investment centers, His center controlled operating assets of $2,400,000 that were used to earn $269,000 of operating income Required Compute Mr. Tobin's residual income 1 points Residual income Book
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