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Question 22 (0.5 points) Assume a company had sales of $1,500,000, residual income of $130,000, a minimum required rate of return on average operating assets
Question 22 (0.5 points) Assume a company had sales of $1,500,000, residual income of $130,000, a minimum required rate of return on average operating assets of 17%, and average operating assets of $1,000,000. What is the corhpany's net operating income? $300,000 $40,000 $125,000 $385,000
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