Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 400,000 260,000 140,000 40,000 $ 100,000 $375,000 27 If the company's minimum required rate of return on average operating assets is 16%, its residual income wou

Assume a company reported the following results: If the company's minimum required rate of return on average operating assets is 16%, its residual income wou