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I Need About Five Days of Sleep (NFDS) had the following financial information for the previous year of operations: Operating income: $128,000 Invested assets: $800,000
I Need About Five Days of Sleep (NFDS) had the following financial information for the previous year of operations: Operating income: $128,000 Invested assets: $800,000 NFDS has established 12% as their minimum acceptable return for invested assets. Using the provided information, answer the following questions. How much residual income was generated in the prior year? For percentages, enter your number as decimal (i.e. 20% would be entered as 0.20). For dollar amounts, enter to the nearest whole dollar
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