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Given the following data: Return on investment 22% Turnover 2.6 Margin 8% Sales $110,000 Average operating assets $40,000 Minimum required rate of return 16% The

Given the following data:

Return on investment	22%
Turnover	2.6
Margin	8%
Sales	$110,000
Average operating assets	$40,000
Minimum required rate of return	16%

The residual income would be:

$5,600

$8,800

$2,400

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