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10. The following information is available for Kiss Company Sales $100,000 394,000 $40,000 $25,000 10% Operating expenses assets Cost of capital What is Kiss Company's

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10. The following information is available for Kiss Company Sales $100,000 394,000 $40,000 $25,000 10% Operating expenses assets Cost of capital What is Kiss Company's residual income? A $2,000 B $2,500 C. $3,500 D. $4,400 E. None of the above. 11. The following information is available about the Appliance Division of Rainier Company. Rainier requires a return of 9% from all divisions. Appliance Division Earnings from Operations Appliance Division Sales Appliance Division $18,462,000 $112,600,000 $173,700,000 Identifiable Assets Required: (use four decimal places in your calculation) a. Compute the ROI for the Appliance Division. b. Compute the residual income for the Appliance Division

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