Answer the following questions using the information below:
Haifa Cleaning Products manufactures home cleaning products. The company has two divisions, Bleach and Cleanser. Because of different accounting methods and inflation rates, the company is considering multiple evaluation measures. The following information is provided for 2014:
-What are Bleach's and Cleanser's residual incomes based on book values, respectively?
A) $110,000; $67,500
B) $116,250; $32,500
C) $37,500; $116,250
D) $67,500; $110,000
Correct Answer:
Verified
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