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Assume a company reported the following information: Sales $900,000 Minimum required rate of return on average operating 8.28 assets Turnover 1.5 Return on investment (ROI)

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Assume a company reported the following information: Sales $900,000 Minimum required rate of return on average operating 8.28 assets Turnover 1.5 Return on investment (ROI) 128 The residual income is closest to: Multiple Choice $26.800 $1,800 $20.800 Multiple Choice $26.800 $1,800 $20,800 $22.800

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