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The following data has been provided for a company's most recent year of operations: Return on investment 348 Average operating assets $40,000 Minimum required

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The following data has been provided for a company's most recent year of operations: Return on investment 348 Average operating assets $40,000 Minimum required rate of return 159 The residual income (R) for the year was closest to: Multiple Choice $10,400 $11,900 $12,600 $7,600

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