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Which of the following is the formula to calculate residual income?
urraberry
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Which of the following is the formula to calculate residual income?
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
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4
th
Author:
Davis
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denitra31
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Operating income - (average assets × required minimum rate of return)
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urraberry
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Correct
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hmonier
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Thanks
nadiia
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Smart ... Thanks!
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