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Residual Income = $23000 Operating income = 47,600 Cost of Capital = 12% What is return on investment? Don't round any intermediate calculations. Enter your

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Residual Income = $23000 Operating income = 47,600 Cost of Capital = 12% What is return on investment? Don't round any intermediate calculations. Enter your answer to one decimal place. Do not use commas, percentage or dollar signs

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