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Guardian Corporation has two major divisions-Healthcare Products and Pharmaceutical Products. It provides the following information for the year. Healthcare Division Pharmaceutical Division Net sales $140,000

Guardian Corporation has two major divisions-Healthcare Products and Pharmaceutical Products. It provides the following information for the year. Healthcare Division Pharmaceutical Division Net sales $140,000 $1,500,000 Operating income $47,000 $235,000 Average assets $290,000 $5,660,000 Target rate of return 13.0% 10.0% Calculate the residual income for the Healthcare Division. OA. $9,300 B. $28,800 OC. $47,000 OD. $93,000

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