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Use the following information to compute residual income: Sales 580,000 Oparating Income 104,400 Average current asset 380,000 Cost of capital 10% Return on investment 16%
Use the following information to compute residual income:
| Sales | 580,000 |
| Oparating Income | 104,400 |
| Average current asset | 380,000 |
| Cost of capital | 10% |
| Return on investment | 16% |
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Financial Accounting Theory
Authors: Craig Deegan
3rd Edition
0070277265, 978-0070277267
