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1 PUIIL JuveIIJVVCI Drexler Co. has sales of $500,000, controllable margin of $300,000, and invested average operating assets of $600,000. The company has established a

1 PUIIL JuveIIJVVCI Drexler Co. has sales of $500,000, controllable margin of $300,000, and invested average operating assets of $600,000. The company has established a minimum rate of return of 12%. What is Drexler Company's residual income? $228,000 $240,000 $428,000 I O $72,000

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