Question
For the first year of Mamasuka company, annual cash inflow is $ 80 000, invested capital is $550 000, which is depreciated by the straight-line
For the first year of Mamasuka company, annual cash inflow is $ 80 000, invested capital is $550 000, which is depreciated by the straight-line method for 10 years. the interest rate is 9 percent. What is the residual income for the year?
A.$85 500
B.None of the given options.
C.$30 500
D.$82 800
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Financial and Managerial Accounting
Authors: John J Wild, Ken W. Shaw
8th edition
1260247856, 978-1260247855
