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Killian Corp. has a residual income of $39,000 on invested assets of $453,000. If the hurdle rate is 10%, what is the operating income? $45,300

Killian Corp. has a residual income of $39,000 on invested assets of $453,000. If the hurdle rate is 10%, what is the operating income?

$45,300 $84,300 $39,000 $3,900

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