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8. Yoho Company reported the following financial numbers for one of its divisions for the year; average total assets of $5,800,000; sales of $5,375,000; cost

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8. Yoho Company reported the following financial numbers for one of its divisions for the year; average total assets of $5,800,000; sales of $5,375,000; cost of goods sold of $3,225,000; and operating expenses of $1,303,500. Assume a target income of 12% of average invested assets. Compute residual income for the division: A A. $196,750. B. $150,500. C. $150,450. D. $133,000. E. $100,300

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