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Suppose a manager's performance is to be evaluated by residual income. Which of the following will NOT result in an increase in the residual income
Suppose a manager's performance is to be evaluated by residual income. Which of the following will NOT result in an increase in the residual income figure for this manager, assuming other factors remain constant?
Practice Question options:
a)An increase in the minimum required rate of return.
b)An increase in sales.
c)A decrease in operating assets.
d)A decrease in expenses.
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