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Type your quesa companys current net operating income is

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Type your quesA company's current net operating income is $17,200 and its average operating assets are $95,000. The company's required rate of return is 15%. A new project being considered would require an investment of $17,700 and would generate annual net operating income of $3,440. What is the residual income of the new project?

Reference no: EM13572256

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