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The following information is available for Sunland Auto Sales: Average operating assets $765000 Controllable margin 89000 Contribution margin 190000 Minimum rate of return 9% How
The following information is available for Sunland Auto Sales:
Average operating assets | $765000 |
Controllable margin | 89000 |
Contribution margin | 190000 |
Minimum rate of return | 9% |
How much is Sunland Autos residual income?
A. $68850
B. $676000
C. $20150
D. $101000
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