Question: answer below The following data has been provided for a company's most recent year of operations: Return on investment Average operating assets Minimum required rate

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The following data has been provided for a company's most recent year of operations: Return on investment Average operating assets Minimum required rate of return 23% $ 80,000 15% The residual income for the year was closest to: Multiple Choice $12,000 $16,100 $17,400 $6,400

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