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Assume a company had net operating income of $300,000, sales of $1,500,000, average operating assets of $1,000,000, and a mirimum required rate of return on

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Assume a company had net operating income of $300,000, sales of $1,500,000, average operating assets of $1,000,000, and a mirimum required rate of return on average operating assets of 13.25%. The company's residual income is closest to: Multiple Ohaice siot,250. $167,500 $67,500 $201,250

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