Hello,

I am currently stuck on this managerial accounting problem. Thank you for your help and time!

Chids Corporation had 51,100,000 in invested assets, sales of $1,210,000, operating income amounting to $302,500, and a desired minimum return on investnent of 15%. The residual income for Chicks Corporation is Oa. 5137.500 Ob. 1191.500 O 165.000 Od 5102.500