What is residual income on these facts? ...
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Accounting
What is residual income on these facts?
|
| Return on investment (ROI) | 20% |
|
| Sales | $400,000 |
|
| Margin | 5% |
|
| Minimum required rate of return...... | 16% |
Group of answer choices
$ 20,000
$ 4,000
$10,000
$16,000
$ 8,000
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