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If profit after tax is $600,000, taxation is $280,000, the required rate of return is 15%, and the investment is $2,000,000, the residual income calculation
If profit after tax is $600,000, taxation is $280,000, the required rate of return is 15%, and the investment is $2,000,000, the residual income calculation is:
a. $300,000
b. 15%
c. 44%
d. $580,000
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