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QUESTION 36 [HARD, do other questions first] Alpha Company has shown the following...

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Question

Accounting

QUESTION 36

  1. [HARD, do other questions first] Alpha Company has shown the following financial information:

    Sales: $4,500,000,

    Average operating assets: $1,800,000

    Minimum required return: 15%

    Residual income: $90,000

    The companys Margin is:

    A.

    5%
    B.

    20%
    C.

    10%
    D.

    8%

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