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Calculate the residual income with the following data: Controllable margin $327,772 Minimum Rate of Return 6% Average Operating Assets $3,832,070 Round to the nearest
Calculate the residual income with the following data: Controllable margin $327,772 Minimum Rate of Return 6% Average Operating Assets $3,832,070 Round to the nearest whole dollar, no decimal places. Note: Controllable margin is the same as net income for a segment with control over the costs. Minimum rate of return is the same as the cost of capital.
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