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Given the following data: Return on investment Turnover 24% 2.1 8% $210,000 $70,000 19% Sales Average operating assets Minimum required rate of return The residual
Given the following data: Return on investment Turnover 24% 2.1 8% $210,000 $70,000 19% Sales Average operating assets Minimum required rate of return The residual income would be: O $3,500 O $11,200 O $23,100
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