An investment center has sales of $30,000,000, income of $9,000,000, and average assets of $40,000,000 Assuming a target income of 12 of average assets, residual income is $4,200,000 An investment center has sales of $30,000,000, income of $9,000,000, and average assets of $40,000,000 Assuming a target income of 12 of average assets, residual income is $4,200,000 True or False True False

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An investment center has sales of $30,000,000, income of $9,000,000, and average assets of $40,000,000. Assuming a

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An investment center has sales of $30,000,000, income of $9,000,000, and average assets of $40,000,000. Assuming a target income of 12% of average assets, residual income is $4,200,000.

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An investment center has sales of $30,000,000, income of $9,000,000, and average assets of $40,000,000. Assuming a target income of 12% of average assets, residual income is $4,200,000. True or False True False