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#6. Given the following data: Return on investment 25% Turnover 2.5 Margin 10% $100,000 Sales $40,000 Average operating assets 18% Minimum required rate of return
#6. Given the following data: Return on investment 25% Turnover 2.5 Margin 10% $100,000 Sales $40,000 Average operating assets 18% Minimum required rate of return The residual income would be: a) $0 b) $8,400 c) $6,000 d) $2,800 e) $10,000
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