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Business, 27.12.2020 16:00 natiem1803

The Clipper Corporation had net operating income of $380,000 and average operating assets of $2,000,000. The corporation requires a return on investment of 18%. A division of Clipper Corporation is considering an investment of $70,000 in a project that will generate annual net operating income of $12,950. If the division currently has a return on investment of 20% and its manager is evaluated based on the division calculate the company's return on investment (ROI) and residual income (RI).

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The Clipper Corporation had net operating income of $380,000 and average operating assets of $2,000,...

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