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Juniper Design Ltd. of Manchester, England, provides design services to residential developers Last year, the company had net operating income of $430,000 on sales of

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Juniper Design Ltd. of Manchester, England, provides design services to residential developers Last year, the company had net operating income of $430,000 on sales of $1.200,000. The company's average operating assets for the year were $1.400.000 and its minimum required rate of return was 14% Required: Compute the company's residual income for the year, Residual income

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