Determine the April 20xx residual income for an investment center with the following information: $\begin{array}{lr}
\text { Operating income for the month ended April 30, 20xx } & \$ 13,000,000 \
\text { Assets at March 31,20xx } & 10,200,000 \
\text { Assets at April 30,20xx } & 13,150,000 \
\text { Desired ROI } & 49 \% \
\text { Actual ROI } & 60 \%
\end{array}$
A) $6,556,500
B) $6,880,000
C) $7,279,250
D) $7,045,750

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The Answer of Determine the April 20xx residual income for an investment center with the following information: $\begin{array}{lr}
\text { Operating income for the month ended April 30, 20xx } & \$ 13,000,000 \
\text { Assets at March 31,20xx } & 10,200,000 \
\text { Assets at April 30,20xx } & 13,150,000 \
\text { Desired ROI } & 49 \% \
\text { Actual ROI } & 60 \%
\end{array}$
A) $6,556,500
B) $6,880,000
C) $7,279,250
D) $7,045,750

Determine the April 20xx Residual Income for an Investment Center