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You are trying to determine which of two retail clothing stores would be a more beneficial investment to you. You have a minimum required rate
You are trying to determine which of two retail clothing stores would be a more beneficial investment to you. You have a minimum required rate of return of 7% and have collected the following information about the two retail clothing stores: A) Calculate the Return on Investment for each store. B) Calculate the Residual Income for each store. C) Based upon the above results, EXPLAIN which store you would prefer to invest in
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