Juniper Design Ltd. of Manchester, England, is a company the company were $2,200,000 and its...

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Juniper Design Ltd. of Manchester, England, is a company the company were $2,200,000 and its minimum, required rate of return was 12%. specializing in providing design services to residential developers. Last year, had net operating income of $400,000 on sales of $2,000,000. The company's average operating assets for the year Required: Compute the company's residual income for the year

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