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14. The Thomas Company has established a target rate of return of (5%) for all of its RI=nO1min YoV divisions. In 20x8, Division X generated

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14. The Thomas Company has established a target rate of return of (5\%) for all of its RI=nO1min YoV divisions. In 20x8, Division X generated sales of $500,000 and expenses of $380,000. Total assets at the beginning of the year were $500,000, and total assets at the end of the year were $620,000. For 208, what was Division x 's residual income? A. $27,000 BOP = Op asret beg t op asret end 2 C. $45,000 D. $36,00011=0p900,000+620,00012=560,000 D. $36,000 MOI = total salel - totalexpenep 500,000

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