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Question 2 options- 12- 4- 15- 20- Please show work so I can understan.docx

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Question 2 options- 12- 4- 15- 20- Please show work so I can understan.docx

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Question 2 options:
12%
4%
15%
20%
Please show work so I can understand how to get the correct answer. Thanks!
Solution
Operating Income 60000 Less:Residual Income 12000 Required Minimum Income 48,000 Average Operating Assets 400,000 Required Rate of Return (Required Minimum Income/ Average Operating Income) 12.00%
.

Question 2 options:
12%
4%
15%
20%
Please show work so I can understand how to get the correct answer. Thanks!
Solution
Operating Income 60000 Less:Residual Income 12000 Required Minimum Income 48,000 Average Operating Assets 400,000 Required Rate of Return (Required Minimum Income/ Average Operating Income) 12.00%
.

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Question 2 options- 12- 4- 15- 20- Please show work so I can understan.docx

  1. 1. Question 2 options: 12% 4% 15% 20% Please show work so I can understand how to get the correct answer. Thanks! a) 12% b) 4% c) 15% d) 20% Solution Operating Income 60000 Less:Residual Income 12000 Required Minimum Income 48,000 Average Operating Assets 400,000 Required Rate of Return (Required Minimum Income/ Average Operating Income) 12.00%

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