Blissforever Inc. reports a net income of $4.140 for the year ending 12/31/2022 the company reported a book value of equity of $18909 at the end of 2021 and $20008 at the end of 2022. the cost of equity for the company is 5.78% compute the residual income (abnormal earnings) for the firm in 2022.

Answer rating: 100% (QA)

The residual income abnormal earnings for Blissforever Inc in 2022 can be calculated using ... View the full answer