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uniper Design Limited of Manchester, England, is a company specializing in providing design services to residential developers. Last ear the company had net operating income
uniper Design Limited of Manchester, England, is a company specializing in providing design services to residential developers. Last ear the company had net operating income of $480,000 on sales of $1,400,000. The company's average operating assets for the ear were $1,600,000 and its minimum required rate of return was 10%. equired: Compute the company's residual income for the year
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