Complete Accounting Tutorial

Complete Accounting Tutorial
This download package includes explanations of 30 accounting topics, financial and managerial exams, cheat sheet, bookkeeping test, accounting puzzles, practice drills, Q&A, and an accounting dictionary.

Tuesday, March 3, 2009

What is Residual Income?

In accounting and finance, residual income is defined as the net operating income an investment center generates above a company’s minimum required rate of return on its operating assets.

Additional Accounting Links:
Calculate Average Accounting Return

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Popular Accounting Problems

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