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A corporation had net operating income of $150,000 and average operating assets of $500,000. The company requires a return on investment of 19%. a. Calculate

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A corporation had net operating income of $150,000 and average operating assets of $500,000. The company requires a return on investment of 19%. a. Calculate the company's current return on investment and residual income. b. The company is investigating an investment of $400,000 in a project that will gellerate annual net operating income of $78,000, What is the return on investment of the project? What is the residual income of the project? Should the company invest in this project

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