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If Profit Before Tax Is $320 000,required Rate of Return

Question 29

Multiple Choice

If profit before tax is $320 000,required rate of return is 15% and the investment is $1 900 000 the residual income calculation is:


A) $1 650 000.
B) $35 000.
C) 13.2%.
D) $2 150 000.

Correct Answer:

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