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  3. a company has provided the following information:

A company has provided the following information: Total assets: $200,000 Profit margin: 10% Turnover: .20...

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Accounting

A company has provided the following information: Total assets: $200,000 Profit margin: 10% Turnover: .20 Minimum acceptable return: 12% Operating income: $30,000

What is the company's residual income? $4,000, $6,000, $10,000 or $24,000?

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