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In 2012,Wishbone Corporation Had an Operating Profit of $750,000 and a Residual

Question 2

Multiple Choice

In 2012,Wishbone Corporation had an operating profit of $750,000 and a residual income of $300,000.If Wishbone's cost of capital is 15%,what is the amount of the invested capital?


A) $5,000,000.
B) $3,000,000.
C) $2,000,000.
D) $1,250,000.

Correct Answer:

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