Which of the following will not result in an increase in the residual - 17162

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yousafbhutta

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Which of the following will not result in an increase in the residual income, assuming other factors remain constant?
 
An increase in the minimum required rate of return.
 
An increase in sales.
 
A decrease in operating assets.
 
A decrease in expenses.
                                       

Solution Description

 

Which of the following will not result in an increase in the residual income, assuming other factors remain constant?