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Which of the following companies is most likely to have future positive residual income? 1.A company with book value per share greater than its justified
Which of the following companies is most likely to have future positive residual income?
1.A company with book value per share greater than its justified price per share.
2.A company with positive book value.
3.A company earning with a required return on equity that is less than its return on equity.
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