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Consider the following data for Happy Donuts Midwestern Region: Operating income $1,000,000 Average invested assets 5,000,000 ROI 20% 2. Explain how the residual income is

Consider the following data for Happy Donuts Midwestern Region:

Operating income	$1,000,000
Average invested assets	5,000,000
ROI	20%

2. Explain how the residual income is related to the 20 percent ROI.

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