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What is the residual income (RI) of a company with sales of $650,000, a net profit margin of 30%, a cost of capital of 10%,

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What is the residual income (RI) of a company with sales of $650,000, a net profit margin of 30%, a cost of capital of 10%, and an investment turnover of 0.75? 1) $108,333 2) $146,250 3) $195,000 4) $281,667

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