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What is the residual income (Eoonomio Value Added) for a firm that is entirely equaty-financed with $1 million in capital, $300,000 in net income, and

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What is the residual income (Eoonomio Value Added) for a firm that is entirely equaty-financed with $1 million in capital, $300,000 in net income, and a 22% cost of captal? $80,000 $120,000 $300,000 $100,000

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