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Why might residual income be a better performance measure than return on investment for a division to use when evaluating a potential nev a. Return

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Why might residual income be a better performance measure than return on investment for a division to use when evaluating a potential nev a. Return on investment would lead managers to accept bad projects. b. Return on investment is a performance measure for past projects only. c. Residual income is a percentage, not a dollar amount. d. Residual income considers the company's minimum rate of return

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