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9) Dynamic Corporation provides the following financial information: Minimum acceptable operating income Average total assets Operating income Return on investment Net sales $520,000 $2,000,000 $705,000
9) Dynamic Corporation provides the following financial information: Minimum acceptable operating income Average total assets Operating income Return on investment Net sales $520,000 $2,000,000 $705,000 $825,000 Calculate the residual income of Dynamic Corporation. A) $1,480,000 B) $305,000 C) $185,000 D) $6,521,250
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