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11) Determine the March 2014 residual income for an investment center with the following information:...

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Accounting

11) Determine the March 2014 residual income for an investment center with the following information:

Operating income for the month ended March 31, 2014 $5,180,000

Desired ROI 17%

Actual ROI 28%

Assets invested $18,200,000

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