35..I think I got the answer just want to double check

820,000 Current liabilities What is the division's Residual Income (RI)? A) $1,625,000 B) $500,000 C) $1,750,000 D) $1,132,364 31) 31) Ringo Corporation had the following results last year (in thousands). Management's target rate of return is 15% and the weighted average cost of capital is 10%. Its effective tax rate is 35%. perating income Total assets Current liabilities $ 20,000,000 4,000,000 8,000,000 4,820,000 ESSA What is the division's Return on Investment (ROI)? A) 32.80% B) 50.00% C) 20.00% D) 500.00% 32) Camden Corporation has operating income of $87,000, a sales margin of 15%, 32) and capital turnover of 2.5. The return on investment (ROI) for Camden Corporation would be closest to A) 107%. B) 2%. C) 696. D) 38%. ??PS 33) Reardon Enterprises has operating income of $90,000. its return on investment rn.IS X 25+.3RSx(oo %: 33) (R01) is 40%, while its target rate of return is 15%. The total assets of Reardon Enterprises would be closest to A) $36,000. B) $225,000 C) $90,000 D) $621,429 34) Fern Company has a target rate of return of 14% , an ROI of 38%, and capital 34)- turnover of 2.5. The sales margin for Fern Company would be closest to e A) 35%. C) 1596. D) 6%. 35) Dove Incorporated has operating income of $650,000, a sales margin of 10%, and a capital turnover rate of 2.0. What amount would Dove report for sales? 35) A) $6,500,000 B) $65,000 C) $1,300,000 D) $325,000 RoT Totel Sales Sales Morgin xCoptal Ro 25 Z 20 3,25,ooo zil