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Consider the following data from two divisions of a company, P and Q: Divisional Sales Operating Income Investment $1,500,000 $1,700,000 S 600,000 $ 680.000 $1,950,000

Consider the following data from two divisions of a company, P and Q: Divisional Sales Operating Income Investment $1,500,000 $1,700,000 S 600,000 $ 680.000 $1,950,000 $2,210,000 If the minimum rate of return is 8%, what is Division P's residual income (RD? Multiple Choice $444,000 $756.000. $1344,000 S1452.000 $1902.000

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