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Determining Missing Items in Rate of Return and Residual Income Computations Data for Schmidt Company are presented in the following table of rates of return

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Determining Missing Items in Rate of Return and Residual Income Computations Data for Schmidt Company are presented in the following table of rates of return on investment and residual incomes: Minimum Rate of Return Minimum Acceptable Income from Operations Invested Income from Rate of Return Residual Assets Operations on Investment 990,000 $217,800 $550,000 $370,000 $280,000 Determine the missing values, identified by the letters above. For all amounts, round to the nearest whole number Income 12% $60,500 $27,500 14% $40,700 $53,200 i) 12% a. b. d. h. k

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