Championship Corporation's three divisions had the following operating data during 20X1. Pippen Total assets Variable costs Revenue Controllable fixed costs Jordan Positive $3,800 Negative $2,000 O Negative $4,800 O Positive $2,800 $450,000 90,000 200,000 40,000 $320,000 135,000 250,000 60,000 Rodman $220,000 50,000 170,000 50,000 Compute residual income for JORDAN. The required minimum rate of return is 16%.

Championship Corporation's three divisions had the following operating data during 20X1. Compute residual income for JORDAN. The required minimum rate of return is 16%. Positive $3,800 Negative $2,000 Negative $4,800 Positive $2,800