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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% $75,000 17% The residual Income for the year was closest to: Multiple Choice O $9.750 O $21.500 O $15.750 O $20,000

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