Question: The following data are available for Alpha Division for the month of November: Sales revenue $400,000 Operating $500,000 assets Fixed costs $100,000 Variable cost

The following data are available for Alpha Division for the month of

The following data are available for Alpha Division for the month of November: Sales revenue $400,000 Operating $500,000 assets Fixed costs $100,000 Variable cost 60% ratio Required rate of return 14% If Alpha decreases its operating assets by 24% in December and there are no other changes to this data in the month of December. then what will Alpha's residual income be in December? $1,200 $2.250 O $6,800 $10.100 None of the above

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