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pls help Corai has a profit margin of 20% based on revenues of $480,000, and Investment turnover is 2. What is the residual income when
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Corai has a profit margin of 20% based on revenues of $480,000, and Investment turnover is 2. What is the residual income when the cost of capitalis 10%? Multiple Choice $72,000 $24,000 $48.000 $96,000 Step by Step Solution
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