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If net operating income is $43,000, average operating assets are $215,000, and the minimum required rate of return is 12%, what is the residual income?

If net operating income is $43,000, average operating assets are $215,000, and the minimum required rate of return is 12%, what is the residual income?

Multiple Choice

  • $60,200

  • $8,600

  • $17,200

  • $25,800

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