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The following financial data are for the evaluation of performance for Far North Logging: Average operating assets $867,000 Net operating income $91,902 Minimum required rate

The following financial data are for the evaluation of performance for Far North Logging:


Average operating assets $867,000

Net operating income $91,902

Minimum required rate of return 9%


Q1: Calculate Residual Income:


(can you include formula)

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