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he following information is available for Halle Department Stores: Average operating assets $600,000 Controllable margin 60,000 Contribution margin 150,000 Minimum rate of return 8% How

he following information is available for Halle Department Stores: Average operating assets $600,000 Controllable margin 60,000 Contribution margin 150,000 Minimum rate of return 8% How much is Halle's residual income? Select one: a. $102,000 b. $540,000 c. $12,000 d. $48,000

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