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Howard has an ROI of 18% based on revenues of $402,000. 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 $402,000. The investment turnover is 2, What is the residual income if the cost of capital is 9%? O $18,090 O (58.090) O $36180 O $72.360

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