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Assume a company reported the following Information: Sales $900,000 Minimum required rate of return on average operating 8.58 assets Turnover 1.5 Return on investment (ROI)

Assume a company reported the following Information: Sales $900,000 Minimum required rate of return on average operating 8.58 assets Turnover 1.5 Return on investment (ROI) 12 The residual Income is closest to: Multiple Choice $25,000 $19,000 $21000 $4.500image text in transcribed

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