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Residual income indicates how ___? a. much operating income the division earns on every dollar of sales b. much extra operating income a division generates

Residual income indicates how ___?

a. much operating income the division earns on every dollar of sales

b. much extra operating income a division generates above the minimum acceptable level

c. much return a division generates on average assets

d. efficiently a division uses its financial leverage to generate sales and thereby profits

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