Can you calculate RI using the data$$ presented? Why or why$$ not?

Financial reporting is for the benefit of

external users

$,$

not

internal management

$.$

$$Therefore$,$

not all

company information is disclosed in the financial statements. Residual income calculations involve

WACC $($weighted average cost of capital$)$

$.$

Since this information

is not

$$presented$,$ residual income

can not be calculated by an external user without making an assumption about the rate

$.$