The residual income would be

by | Mar 18, 2020 | Uncategorized

  
Given the following data:
Return on investment 40%
Turnover 3.5
Margin 12%
Sales $200,000
Average operating assets $60,000
Minimum required rate of return 18%

The residual income would be?

what would residual income be? and breakdown of calculation?
  

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