Given the following data: Return on investment 40% Turnover 35 Margin 12% Sales $200,000 Average ope

Given the following data: Return on investment 40% Turnover 35 Margin 12% Sales $200,000 Average operating assets $60,000 Minimum required rate of return 18% The residual income would be?

what would residual income be? and breakdown of calculation?

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