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Business, 16.03.2022 02:20 yudayang2012pa9u8p

Tinsley Plastics manufactures plastic bottles used for beverages and household cleaners. The average net book value (NBV) of assets during the quarter is estimated as $520,000. If the required rate of return is 15% on average assets and the firm wants to have residual income (RI) of $102,000 for this quarter, what must its profits be

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