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The following data has been provided for a company's most recent year of operations Return on investment Average operating assets Minimum required rate of return

The following data has been provided for a company's most recent year of operations Return on investment Average operating assets Minimum required rate of return 30% $66,000 20% The residual Income for the year was closest to: Multiple Cholce $13.860 $6.600 $18,800 $24,200

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