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10) The Electronics Division of Proctor Company used $2,000,000 of average operating assets to generate $260,000 of controllable margin. If the minimum rate of return

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10) The Electronics Division of Proctor Company used $2,000,000 of average operating assets to generate $260,000 of controllable margin. If the minimum rate of return is 10%, residual income for the Electronics Division is: a. $40,000 b. $60,000 c. $1,740,000 d. None of the above

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