sich of the following is a reason for decentralization? Lower level decisions based on better information focusing of central management on strategy b. Lower level managers gain experience in decision making Lower level managers can respond quickly to customers c. d. all of these e. Businesses that are separated into two or more manageable units in which managers have authority and 24. responsibility for operations are said to be: a. decentralized. b. consolidated. c. diversified. d. centralized. 25. If Stevenson Corporation had $550,000 in average operating assets, sales of $660,000, net operating income amounting to $99,000, and year end operating assets of $600,000its rate of return on investment is: 18.0%. a. b. 20.8%. c. 16.5%. d. 15.0%. If Stevenson Corporation had $550,000 in average operating assets , sales of $660,000, net operating income 26. amounting to $99,000, and a desired minimum rate of return of 15%, its residual income is: $0. b. $14,850 c. $16,500. d. $17,820. a