The Following Selected Data Pertain to the Belt Division of Allen

question 131

Multiple Choice

The following selected data pertain to the belt division of Allen Corp. for last year:

$\begin{array} { | l | r | } \hline \text { Sales } & \$ 500,000 \\\hline \text { Average Operating Assets } & \$ 200,000 \\\hline \text { Operating Income } & \$ 80,000 \\\hline \text { Turnover } & 2.5 \\\hline \text { Minimum Required Return } & 20 \% \\\hline\end{array}$


-What was the residual income?

• A) $40,000.
• B) $80,000.
• C) $100,000.
• D) $420,000.

---

Definitions:

Passive Immunity

Immunity acquired by the transfer of antibodies from another individual, as opposed to the body producing its own.

Artificially Induced

This describes a condition or reaction that is not naturally occurring but is created through human intervention or manipulation.

Naturally Induced

describes processes or responses initiated by natural factors or stimuli without human intervention.

Gamma Globulin

A class of globulins in blood plasma that includes most of the antibodies or immunoglobulins, playing a critical role in immune responses.