Multiple Choice
Plamba Corporation had $250,000 in invested assets,sales of $490,000,income from operations amounting to $70,000,and a desired minimum rate of return of 15%.The residual income for Plamba is:
A) $32,500.
B) $10,500.
C) $59,500.
D) $37,500.
Correct Answer:
Verified
Correct Answer:
Verified
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