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Use the following information to compute residual income: Sales $ 440,000 Operating income $ 79,200 Average current assets $ 310,000 Cost of capital 12% Return

Use the following information to compute residual income:

Sales $ 440,000 Operating income $ 79,200 Average current assets $ 310,000 Cost of capital 12% Return on investment 15% $52,800. $15,840. $66,000. $19,008.

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