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The manager of Synergy Company's Stock Division projects the following for next year: Sales $ 1 9 5 , 0 0 0 Operating income 7
The manager of Synergy Company's Stock Division projects the following for next year:
Sales $
Operating income
Operating assets
The manager can invest in an additional project that would require $ investment in additional assets and would generate $ of additional income. The company's minimum rate of return is What is the residual income for the Stock Division without the additional investment?
a $
b $
c $
d $
e $
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