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If operating income is $83,000, average operating assets are $415,000, and the minimum required rate or return is 14%, what is the residual income? A)
If operating income is $83,000, average operating assets are $415,000, and the minimum required rate or return is 14%, what is the residual income?
A) $107,900 B) $33,200 C) $24,900 D) $58,100
If operating income is $83,000, average operating assets are $415,000, and the minimum required rate of return is 14%, what is the residual income O 107,9oo O $33.200 O $24.900 O $58.100Step by Step Solution
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