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If net operating income is $34,000, average operating assets are $204,000, and the minimum required rate of return is 15%, what is the residual income?

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If net operating income is $34,000, average operating assets are $204,000, and the minimum required rate of return is 15%, what is the residual income? Multiple Choice $37,400 O $27,200 $3,400 O $30,600

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