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Finch Corporation has a desired rate of return of 6 percent. William Tobin is in charge of one of Finch's three investment centers. Hi center

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Finch Corporation has a desired rate of return of 6 percent. William Tobin is in charge of one of Finch's three investment centers. Hi center controlled operating assets of $2.450,000 that were used to earn $276,000 of operating income Required Compute Mr. Tobin's residual income. Residual income

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