QUESTION 36

1. [HARD, do other questions first] Alpha Company has shown the following financial information:

   Sales: $4,500,000,

   Average operating assets: $1,800,000

   Minimum required return: 15%

   Residual income: $90,000

   The companys Margin is:

   	A.	5%
   	B.	20%
   	C.	10%
   	D.	8%