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Given the following data: Return on investment 34% Turnover 3.2 Margin 8% Sales $170,000 Average operating assets $40,000 Minimum required rate of 15% return The

image text in transcribed Given the following data: Return on investment 34% Turnover 3.2 Margin 8% Sales $170,000 Average operating assets $40,000 Minimum required rate of 15% return The residual income would be

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