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A Company calculated residual income for 200X to be $22,000. The companys target rate of return was 12%, the turnover was 2.0. If the operating

A Company calculated residual income for 200X to be $22,000. The companys target rate of return was 12%, the turnover was 2.0. If the operating assets invested was $400,000, what was the Companys net operating income during 200X?

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