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  3. Study Set
    Cornerstones of Managerial Accounting Study Set 2
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    Exam 12: Performance Evaluation and Decentralization
  5. Question
    Residual Income = Operating Income - (Minimum Rate of Return
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Residual Income = Operating Income - (Minimum Rate of Return

Question 38

Question 38

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Residual income = Operating income - (Minimum rate of return x Average operating assets)

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