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Johanssen Company reported the following information for 2014: Sales $795,000 Average Operating Assets $383,000 Desired ROI 14% Residual Income $ 11,650 The company's operating income

Johanssen Company reported the following information for 2014:

Sales $795,000
Average Operating Assets $383,000
Desired ROI 14%
Residual Income $ 11,650

The company's operating income for 2014 was:

$65,270.

$41,970.

$111,300.

$53,620.

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