Assume that Division Blue has achieved a yearly income from operations of $161,000 using $930,000 of invested assets. If management has set a minimum acceptable return of 8%, the residual income is Oa. $103,920 Ob. $161,000 Oc. $86,600 Od. $69,280 Use this information for Train Corporation to answer the question that follow. The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: Corporate Total Cost of goods sold Direct operating expenses Sales Rails Division $46,600 27,900 91,000 Locomotive Division $30,100 20,400 67,500 Interest expense General overhead $2,900 19,700 4,300 Income tax The income from operations for the Rails Division is Oa. $63,100 Ob. $16,500 Oc. $91,000 Od. $44,400 Blaser Corporation had $1,055,000 in invested assets, sales of $1,265,000, income from operations amounting to $237,000, and a desired minimum return of 12%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. Oa. 18.7% Ob. 27.0% Oc. 15.0% Od. 22.5% The profit margin for Division C is 12.3%, and the investment turnover is 1.3. What is the return on investment for Division C? Round the percentage to two decimal places. Oa. 21.19% Ob. 17.29% Oc. 15.99% Od. 11.19%