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Jason Company had sales of $445,000, variable costs of $208,000, and direct fixed costs totaling $82,000. The company's operating assets total $260,000, and its required
Jason Company had sales of $445,000, variable costs of $208,000, and direct fixed costs totaling $82,000. The company's operating assets total $260,000, and its required return is 11.00%. How much is residual income?
A. $126,400
B. $208,400
C. $334,400
D. $155,000
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