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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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