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Given the following data: Return on investment 32% Turnover 2.6 Margin 8% Sales $260,000 Average operating assets $65,000 Minimum required rate of return 18% The

Given the following data:

Return on investment 32%

Turnover 2.6 Margin 8%

Sales $260,000

Average operating assets $65,000

Minimum required rate of return 18%

The residual income would be:

$9,100

$0

$15,600

$26,000

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