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QUESTION 2 The following data pertains to Pasadena Company's operations last year: Return on investment (ROI) 20% Sales $800,000 Margin 5% Minimum required rate of

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QUESTION 2 The following data pertains to Pasadena Company's operations last year: Return on investment (ROI) 20% Sales $800,000 Margin 5% Minimum required rate of return 16% Required: Show your work 10 points a. Compute the company's average operating assets. b. Compute the company's residual income for the year

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