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Question 13 1 pts Calculate the residual income with the following data: Controllable margin $214,693 Minimum Rate of Return 6% Average Operating Assets $2,641,944
Question 13 1 pts Calculate the residual income with the following data: Controllable margin $214,693 Minimum Rate of Return 6% Average Operating Assets $2,641,944 Round to the nearest whole dollar, no decimal places. Note: Controllable margin is the same as net income for a segment with control over the costs. Minimum rate of return is the same as the cost of capital.
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