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CWB has a profit margin of 16% based on revenues of $400,000 and an investment turnover is 3. What is the residual income when the
CWB has a profit margin of 16% based on revenues of $400,000 and an investment turnover is 3. What is the residual income when the cost of capital is 10%?
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Accounting Information Systems
Authors: Pat Wheeler, Ulric J Gelinas, Richard B Dull
9th Edition
0538469315, 9780538469319
