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  3. residual income is the difference, measured in dol

Residual income is the difference, measured in dollars, between: A....

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Question

Accounting

Residual income is the difference, measured in dollars, between:

A.

net operating income and the minimum required income.

B.

contribution margin and the average operating assets.
C.

net operating income of current year and net operating income of previous year.

D.

net operating income for stockholders and the interest paid to creditors.

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