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Results from Yllaw Company are as follows: Operating Income $8372 Total Assets $15921 Current Liabilities $3655 Sales $34909 Target Rate of Return (Cost of Capital)
Results from Yllaw Company are as follows:
Operating Income | $8372 |
Total Assets | $15921 |
Current Liabilities | $3655 |
Sales | $34909 |
Target Rate of Return (Cost of Capital) | 14% |
Calculate Residual Income. If your answer is a percentage, input it to one decimal place. For example .1222 should be input as 12.2. Otherwise round your answer to one decimal place. Explain step by step
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