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-What Is Company A's Residual Income?
A) $9,000

question 39

Multiple Choice

 The following information is available on Company A:  Sales $900,000 Operating Income $36,000 Shareholders’ Equity $100,000 Average Operating Assets $180,000 Minimum Required Rate of Return 15%\begin{array}{l}\text { The following information is available on Company A: }\\\begin{array} { | l | r | } \hline \text { Sales } & \$ 900,000 \\\hline \text { Operating Income } & \$ 36,000 \\\hline \text { Shareholders' Equity } & \$ 100,000 \\\hline \text { Average Operating Assets } & \$ 180,000 \\\hline \text { Minimum Required Rate of Return } & 15 \% \\\hline\end{array}\end{array}
-What is Company A's residual income?


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