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urraberry urraberry
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Which of the following is the formula to calculate residual income?

▸ Operating income plus interest and depreciation expense

▸ Operating income - average assets

▸ Operating income - (average assets × required minimum rate of return)

▸ Operating income - (average assets + required minimum rate of return)
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Managerial Accounting

Managerial Accounting


Edition: 4th
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denitra31denitra31
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urraberry Author
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Just got PERFECT on my quiz
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Thank you, thank you, thank you!
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