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Baker Company provided you the following data: Sales-$125,000 Operating Expenses-$97,000 Operating Assets-$100,000 Shareholders' Equity-$200,000 Cost of Capital-$11 What is Baker Company's residual income?

Baker Company provided you the following data:

Sales-$125,000

Operating Expenses-$97,000

Operating Assets-$100,000

Shareholders' Equity-$200,000

Cost of Capital-$11

What is Baker Company's residual income?

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