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Which of the following is true of residual income? a . If residual income is less than zero, then the division is earning less than
Which of the following is true of residual income?
a If residual income is less than zero, then the division is earning less than the market rate of return.
b If residual income is less than zero, then the division is earning more than the market rate of return.
c If residual income is less than zero, then the division is earning less than the minimum required rate of return.
d If residual income is less than zero, then the division is earning more than the minimum required rate of return.
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