Power Corporation has two different project opportunities. The management of the company can choose only one project to pursue, between the two projects. Project A requires an investment of $1,500,000 in average operating assets during the year and is expected to earn $500,000 in net operating income. Project B requires an investment of $2,000,000 in average operating assets during the year and is expected to earn $600,000 in net operating income. The required rate of return is 10% on average operating assets. Which of the following statements is true? Select all that apply.

A. If the management is choosing a project only based on residual income, the management should choose Project B

B. Residual income for Project B is $300,000.

C. Residual income for Project A is $350,000

D. If the management is choosing a project only based on ROI, the management should choose Project B.

E. ROI for Project B is 30%.

F. ROI for Project A is 40%.