Question: View Policies Current Attempt in Progress Sheffield Corp. had sales of $600000, variable costs of $210000, and direct fixed costs totaling $100000. The company's operating

 View Policies Current Attempt in Progress Sheffield Corp. had sales of

View Policies Current Attempt in Progress Sheffield Corp. had sales of $600000, variable costs of $210000, and direct fixed costs totaling $100000. The company's operating assets total $1000000, and its required return is 10%. How much is the residual income? $100000 O $500000 O $21000 $110000

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