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The following data is available for Cara Corp. for 2014: Sales $2,000,000 Average invested capital $500,000 Net income $300,000 Required rate of return 18% What
The following data is available for Cara Corp. for 2014:
Sales $2,000,000
Average invested capital $500,000
Net income $300,000
Required rate of return 18%
What is the residual income for Cara Corp.?
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