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QUESTION 19 To calculate Income from Operations, total service department charges are A. added to Income from Operations Before Service Department Charges. B. subtracted from
QUESTION 19 To calculate Income from Operations, total service department charges are A. added to Income from Operations Before Service Department Charges. B. subtracted from Operating Expenses. C. subtracted from Income from Operations Before Service Department Charges. D. subtracted from Gross Profit Margin. QUESTION 20 Identify the formula for the rate of return on investment: A. Invested Assets/income from Operations B. Sales/Invested Assets C. Income from Operations/Sales D. Income from Operations/Invested Assets QUESTION 21 If divisional income from operations is $75,000, invested assets are $637,500, and the minimum rate of return on invested assets is 6%, the residual income is $36,750. True False Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Ansv
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