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  1. business
  2. accounting
  3. residual income = $23000 operating income = 37,542

Residual Income = $23000 Operating income = 37,542 Cost of Capital = 12% What is...

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Question

Accounting

Residual Income = $23000

Operating income = 37,542

Cost of Capital = 12%

What is return on investment?

Don't round any intermediate calculations. Enter your answer to one decimal place. Do not use commas, percentage or dollar signs.

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