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Use the following information to compute residual income: Sales $ 338,000 Operating income $ 51,000 Average current assets $ 268,000 Cost of capital 12 %

Use the following information to compute residual income:

Sales $ 338,000
Operating income $ 51,000
Average current assets $ 268,000
Cost of capital 12 %
Return on investment 15 %

$32,160.

$10,800.

$50,700.

$10,200.

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