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The following information is available for Halle Department Stores: Average operating assets $600,000 Controllable margin 60,000 Contribution margin 150,000 Minimum rate of return How much

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The following information is available for Halle Department Stores: Average operating assets $600,000 Controllable margin 60,000 Contribution margin 150,000 Minimum rate of return How much is Halle's residual income? 8% $102,000 $540,000 $12,000 $48,000

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