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QUESTION 3 The following information is available for Aggie Auto Sales: Average operating assets Controllable margin Contribution margin Minimum rate of return $750,000 90,000 175,000

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QUESTION 3 The following information is available for Aggie Auto Sales: Average operating assets Controllable margin Contribution margin Minimum rate of return $750,000 90,000 175,000 10% How much is Aggie Auto's residual income? a $15,000 b $85,000 c. $125,000 d. $640,000

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