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Brandon Inc. has provided the following data for last year's operations: Sales $100,000 Net Operating Income $6,000 Average Operating Assets $40,000 Stockholders' equity $25,000 Minimum

Brandon Inc. has provided the following data for last year's operations:

Sales $100,000

Net Operating Income $6,000

Average Operating Assets $40,000

Stockholders' equity $25,000

Minimum required rate of return 10%

1. What is Brandon's residual income?

2. What is Brandon's return on investment (ROI)?

Please show work. Thanks

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