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Given the following data: Return on investment 29% Turnover 2.9 Margin 9% Sales $290,000 Average operating assets $90,000 Minimum required rate of return 16% The

Given the following data:

Return on investment 29%

Turnover 2.9

Margin 9%

Sales $290,000

Average operating assets $90,000

Minimum required rate of return 16%

The residual income would be? :

$20,300

$18,000

$11,700

$0

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