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If average operating assets are $200,000, the turnover is 2.0, the return on investment (ROI) is 30%, and the minimum required rate of return on
If average operating assets are $200,000, the turnover is 2.0, the return on investment (ROI) is 30%, and the minimum required rate of return on average operating assets is 15.5%, then the residual income is closest to:
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$29,000.
$91,000.
$122,000.
$60,000.
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