Question: ces Juniper Design, provides design services to residential developers. Last year, the company had net operating income of $460,000 on sales of $1,700,000. The

ces Juniper Design, provides design services to residential developers. Last year, the company had net operating income of $460,000 on sales of $1,700,000. The company's average operating assets were $1,900,000 and its minimum required rate of return was 14%. Required: Compute the company's residual income. Residual income

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