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Blackwood Company reported the following information for 2020: Sales Average Operating Assets Desired ROI Residual Income $788,000 $376,000 13% $ 11,300 The company's operating

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Blackwood Company reported the following information for 2020: Sales Average Operating Assets Desired ROI Residual Income $788,000 $376,000 13% $ 11,300 The company's operating income for 2020 was:

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