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Assume that income from operations amounts to $350,000 and top management has established 15% as the minimum rate of return on divisional assets totaling $1,000,000.

Assume that income from operations amounts to $350,000 and top management has established 15% as the minimum rate of return on divisional assets totaling $1,000,000. The residual income for the division is: $200,000. $150,000. $350,000. $100,000

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