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If a company's sales for the year are $750,000, has average operating assets of $1,285,000, has a return on investment of 14%, and a minimum
If a company's sales for the year are $750,000, has average operating assets of $1,285,000, has a return on investment of 14%, and a minimum required rate of return of 12%, what is the residual income? $25,700 $570,100 $595,800 $90,000
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