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If net operating income is $62,000, average operating assets are $310,000, and the minimum required rate of return is 14%, what is the residual income?

If net operating income is $62,000, average operating assets are $310,000, and the minimum required rate of return is 14%, what is the residual income? Multiple Choice $80.600 524,800 $18,600 G $43.400

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