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Assume a company reported the following information: Sales Minimum required rate of return on average operating assets Turnover Return on investment (RON $ 900.000 97%

Assume a company reported the following information: Sales Minimum required rate of return on average operating assets Turnover Return on investment (RON $ 900.000 97% 1.5 12% The residual income is closest to: $13,800 $11,800 $15,300 $17.800

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