Residual Income Is

question 88

Multiple Choice

Residual income is

• A) The same as return on investment
• B) A nonfinancial measure of performance
• C) Net operating income minus a required rate of return X average operating assets
• D) Sales divided by net operating income

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Definitions:

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A legal authorization allowing individuals or companies to conduct business within a particular scope, or to use, manufacture, and sell specific products or services under certain conditions.