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The Following Data Pertains to Timmins Company's Operations Last Year

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The following data pertains to Timmins Company's operations last year:
The following data pertains to Timmins Company's operations last year:    Required: a. Compute the company's average operating assets. b. Compute the company's residual income for the year. Required:
a. Compute the company's average operating assets.
b. Compute the company's residual income for the year.

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a. Return on investment = Margin × Turno...

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