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15. The Cheese Division of a manufacturer reports average assets of $40,000, sales of $20,000, and income of $3,200. If the manufacturer has a target

15.

The Cheese Division of a manufacturer reports average assets of $40,000, sales of $20,000, and income of $3,200. If the manufacturer has a target income of 7% of average assets, then the Cheese Divisions residual income is:

Group of answer choices

A) $600.

B) $800

C) $400.

D) $200.

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