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Howard has an ROI of 18% based on revenues of $410,000. The investment turnover is 2. What is the residual income if the cost of

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Howard has an ROI of 18% based on revenues of $410,000. The investment turnover is 2. What is the residual income if the cost of capital is 10%? Multiple Choice ($6,400) $73,800 $41,000 $16,400

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