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What should be the residual income for Blue Jay Company based on the following data? Sales $100,000 Net operating income 25,000 Contribution margin 45,000 Average
What should be the residual income for Blue Jay Company based on the following data?
Sales $100,000
Net operating income 25,000
Contribution margin 45,000
Average operating assets 200,000
Minimum required rate of return 10%
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