Examveda
Examveda

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

A. $30,500

B. $20,500

C. $25,500

D. $32,500

Answer: Option A

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Comments ( 1 )

  1. Yuvarajan 25
    Yuvarajan 25 :
    1 year ago

    Residual income=2650000*13/100=344500
    =375000-344500
    =30500

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