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Vomon Corporation has a desired rate of return of 8 percent William Tobin is in charge of one of Venons to the His center controlled

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Vomon Corporation has a desired rate of return of 8 percent William Tobin is in charge of one of Venons to the His center controlled operating assets of $2.500.000 that were used to eam $279000 of operating.com Required Compute Mr. Tobin's residual income Answer is complete but not entirely correct. S277 000

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