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If required rate of return is 13 operating income is 375000...

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Management Accounting
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If required rate of return is 13%, operating income is $375000 and total investment is $2650000, then residual income would be

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Correct Answer: Option A
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Yuvarajan 25
Yuvarajan 25 6 years ago
Residual income=2650000*13/100=344500
=375000-344500
=30500
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