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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
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$60,200
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$8,600
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$17,200
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$25,800
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