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Given the following information for Mako Company please answer the following questions: Sales $500,000 Turnover 3 Margin 0.15 Desired Rate of Return 20% What is

Given the following information for Mako Company please answer the following questions:

Sales	$500,000
Turnover	3
Margin	0.15
Desired Rate of Return	20%

What is the Residual Income?

Multiple Choice

$25,000.
$41,666
$66,667
$91,667

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