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Home Q & A Board Other Fields Homework Help Business Accounting
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7 years ago
Which of the following is the correct formula for calculating residual income?
A) Operating income / Average assets
B) Operating income - Minimum acceptable operating income
C) Historical cost of assets - Accumulated depreciation
D) Weighted average cost of capital - Net operating profit after tax
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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7 years ago
Will mark this subject solved, thanks
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