Question: If average operating assets are $ 2 0 0 , 0 0 0 , the turnover is 2 . 0 , the return on investment

If average operating assets are $200,000, the turnover is 2.0, the return on investment (ROI) is 30%, and the minimum required rate of return on average operating assets is 10%, then the residual income is closest to:Multiple Choice$60,000.$40,000.$80,000.$100,000.

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