Which of the Following Statements Most Accurately Describes Residual Income

question 16

Multiple Choice

Which of the following statements most accurately describes residual income?

• A)how efficiently a division uses its average assets to generate sales there by profits
• B)how much operating income the division earns on every dollar of sales
• C)how much return a division generates on average assets
• D)how much extra income a division generates above the minimum acceptable level

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Definitions:

Address

An address in computing refers to a specific location in memory where data is stored.

Subscript

An index used to refer to an individual element within an array or other collection type in programming.

Array Name

In programming, the identifier given to an array, representing the location of its initial element in memory.

Pointer

A variable that stores the memory address of another variable, allowing for direct manipulation of and access to the value at that address.