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Name of the 7 Sutton Corporation has the form Variable Fixed Con Residual Income $200 $150 Ending SS. Balance Sheet Data for beginning, wd end

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Name of the 7 Sutton Corporation has the form Variable Fixed Con Residual Income $200 $150 Ending SS. Balance Sheet Data for beginning, wd end of year Assets Beginning Cash S5.000 Accounts Receivable 525.000 Inventory S80.000 Net PP&E $110,000 Land (held for future use) $20.000 Investments in affiliates $5,000 $245.000 Total Assets 585.000 $120.000 $20.000 SO $260.000 $15,000 $125,000 $120.000 S260,000 $25,000 $125,000 $95.000 $245,000 Liabilities Short TAn Debt Long Term Debt Stockholder's Equity Total Liabilities and SE Man For the past year, the minimum required rate of return is closest to: A. 15.5% B. 14.2% C. 13.5% D. 14.8% E. None of the above

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