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The following information is available for Halle Department Stores: Contribution margin $150,000 Controllable margin $ 96,000 Average operating assets $600,000 Minimum rate of return 8%

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The following information is available for Halle Department Stores: Contribution margin $150,000 Controllable margin $ 96,000 Average operating assets $600,000 Minimum rate of return 8% How much is Halle's residual income? $102,000 $504,000 $12,000 $18,000 $48,000 Question 15 SOS PREMIUM SOUND

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