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sales 250,000 variable expenses 220,000 contribution margin 30,000 fixed expenses 10,000 asset turnover 2.5 required rate of return 12% assets at end of year 120,000

sales 250,000
variable expenses 220,000
contribution margin 30,000
fixed expenses 10,000
asset turnover 2.5
required rate of return 12%
assets at end of year 120,000
what is the return on investment and residual income?

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