Here are summary financial statements for a firm (in millions of dollars):

The required return for equity is 12 percent, the required return for operations is 11 percent, and the required return for debt is 10 percent. The firm pays no taxes.
Calculate residual earnings, residual operating income, and residual income from financing activities for2009.

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income Statement, 2009 Balance Sheet, End of 2008 Operating income Interest expense Net income 1,400 500 900 Net operating assets Financing debt Common equity 10,000 5,000 5,000