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Title: Durango Corporation's Midwestern region operates as an investment center. Rich Ruhlman, the ... Post by: NinjaRick on Jan 29, 2023 Durango Corporation's Midwestern region operates as an investment center. Rich Ruhlman, the division's manager, has set a 15% required minimum rate of return. Ruhlman is considering investing in computerized manufacturing equipment with a cost of $220,000. The equipment is expected to generate $65,000 in additional operating income. What is the equipment's residual income?
▸ $65,000 ▸ $32,000 ▸ $33,000 ▸ None of these answer choices are correct Title: Durango Corporation's Midwestern region operates as an investment center. Rich Ruhlman, the ... Post by: kniemeier2 on Jan 29, 2023 Content hidden
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