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25 East Mullett Manufacturing earned operating income last year as shown in the following...

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Accounting

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East Mullett Manufacturing earned operating income last year as shown in the following income statement: Total capital employed equaled $1,000,000. East Mullett's actual cost of capital is 9%. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answer in the question below

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