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10. Division A, an investment center, has operating income = $40,000 for the prior period. The residual income during this period is $10,000. If Division

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10. Division A, an investment center, has operating income = $40,000 for the prior period. The residual income during this period is $10,000. If Division A's investment assets - $150,000, then cost of capital set by the corporation's top management must be: a. 12% c. 25% b. 15% d. 20%

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