Residual income is defined as:
A) sales less expenses
B) net income less "imputed" interest
C) the same as ROI
D) income divided by revenue

Name: Residual income is defined as: A) sales less expenses B) net income less "imputed" interest C) the same as ROI D) income divided by revenue
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Residual income is calculated as net income minus the imputed interest on the capital invested, representing the income generated above the minimum required return.

Residual Income Is Defined As