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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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