Average Operating assets | 19,00,000 | ||||
Multiply: Target rate of return | 13% | ||||
Target Income | 247000 | ||||
Actual Income earned | 4,00,000 | ||||
Residual income | 1,53,000 | ||||
(Actual Income -Target income) | |||||
Answer is $ 153000 |
Juniper Design Ltd. of Manchester, England, is a company specializing in providing design services to residential...
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