If the required rate of return is 13%, operating income is $375000 and the total investment is $2650000, then the residual income would be ____________? | MCQ Hive

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Q If the required rate of return is 13%, operating income is $375000 and the total investment is $2650000, then the residual income would be ____________?

A A. $30,500
B B. $20,500
C C. $25,500
D D. $32,500

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