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Kilns and Ceramics Company sells craft supplies to ceramics hobbyists. The company has a residual income of $35,000 on invested assets of $458,000. If the
Kilns and Ceramics Company sells craft supplies to ceramics hobbyists. The company has a residual income of $35,000 on invested assets of $458,000. If the required rate of return is 10%, what is the operating income? Multiple Choice o $3,500 o $80,800 $80,800 o $45,800 o $35,000
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