If the required rate of return is 13%, operating income is $375000 and the total

Question

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

Options:

A . $30,500

B . $20,500

C . $25,500

D . $32,500

Answer: Option A
Answer: (a).$30,500

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