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Kensington Corporation has provided the following data: return on investment 15% sales $120,000 avaerage operating assets $60,000 minimum required rate of return 12% margin on

Kensington Corporation has provided the following data: return on investment 15%

sales $120,000

avaerage operating assets $60,000

minimum required rate of return 12%

margin on sales 7.5% Kensington Corporation's residual income is:

a. $1,800 b. $5,400 c. $2,700 d. $3,600

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