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how to solve Avocado Company has an operating income of $105,000 on revenues of $1,097000 Average invested assets are $506,000 and Avocado Company has an

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Avocado Company has an operating income of $105,000 on revenues of $1,097000 Average invested assets are $506,000 and Avocado Company has an 8% cost of capital. What is the residual income? Multiple Choice $64,520 S105,000 $17.240

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