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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)

Textbook

Managerial Accounting

Managerial Accounting

Edition: 4^th

Author: Davis

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denitra31

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