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9. Picard Company reported the following information for 2012 (2) Sales Average Operating Assets Desired ROI Operating Income $800,000 $300,000 8% $ 50,000 The company's

9. Picard Company reported the following information for 2012 (2) Sales Average Operating Assets Desired ROI Operating Income $800,000 $300,000 8% $ 50,000 The company's residual income for 2012 was A. $3,200. B. $24,000. C. $26.000 D. $64,000

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