Blossom Company had the following results during the most recent year: sales $$405,000$; residual income $$3,240$; investment turnover $2\mathrm{.}50$; and a required rate of return of $15\%.$

$($a$)$

Your answer is correct.

Calculate the total assets.

Total Assets

$

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$($b$)$

Calculate the operating $($pretax$)$ income.

Operating Income $

eTextbook and Media

Attempts: $0$ of $2$ used

$($c$)$

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