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Business, 27.11.2019 22:31 idklol81

Worsell inc. reported the following results from last year’s operations: sales $ 11,000,000 variable expenses 8,200,000 contribution margin 2,800,000 fixed expenses 2,360,000 net operating income $ 440,000 average operating assets $ 5,000,000 the company’s minimum required rate of return is 10%. last year's residual income was closest to: multiple choice $440,000 $490,000 ($638,000) ($60,000)

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Worsell inc. reported the following results from last year’s operations: sales $ 11,000,000 variabl...
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