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Jackson Corp. has an operating income of $105,000, average invested assets of $602,000, and a cost of capital of 7%. What is the residual income?

Jackson Corp. has an operating income of $105,000, average invested assets of $602,000, and a cost of capital of 7%. What is the residual income? Multiple Choice O $42140 $62.860 O $176.527 $105,000

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