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Dade Corp. has residual income of $13,440. If operating income equals $34,000 and the minimum required rate of return is 8%, what are average invested
Dade Corp. has residual income of $13,440. If operating income equals $34,000 and the minimum required rate of return is 8%, what are average invested assets?
$128,500
$514,000
$257,000
$385,500
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