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Ray Corp. has the following operating data for the past 10 years: Year 1 Year 2 Return on Investment 10% 20% Residual Income $600 ?

Ray Corp. has the following operating data for the past 10 years:

	Year 1	Year 2
Return on Investment	10%	20%
Residual Income	$600	?
Required Rate of return	8%	10%
Average operating assets	?	?

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