K The Cardstock Manufacturing Division of the Pulp Paper Company reported the following results from the past year. Shareholders require a return of 4%. Management calculated a weighted average cost of capital (WACC) of 2%. The company's corporate tax rate is 25%. Sales Operating income Total assets Current liabilities What is the division's Residual Income (RI)? A. $184,000 OB. $212,000 OC. $208,000 O D. $60,000 $800,000 240,000 $1,400,000 600,000 E

The Cardstock Manufacturing Division of the Pulp Paper Company reported the following results from the past year. Shareholders require a return of 4%. Management calculated a weighted - average cost of capital (WACC) of 2%. The company's corporate tax rate is 25%. What is the division's Residual income (RI)? A. $184,000 B. $212,000 C. $208,000 D. $60,000