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Assume the Residential Division of Kipper Faucets had the following results last year: Net sales revenue $ 4,160,000 Operating income 1,040,000 Average total assets 5,200,000

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Assume the Residential Division of Kipper Faucets had the following results last year: Net sales revenue $ 4,160,000 Operating income 1,040,000 Average total assets 5,200,000 Management's target rate of return 18% What is the division's RI? 0 A. $(140,000) O B. $104,000 0 c. $140,000 0 D. $(104,000)

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