Question 7 Given the following data: Return on Investment Asset Turnover 1.80 Profit as a % of Sales Sales () 4% Average Operating Assets ()60,000 Minimum Required Rate of Return 8% Margin = net profit / sales The residual income would be: A 3,200 B (7,000) C I do not wish to answer this question. 8 of 18 "Margin = net profit/sales The residual income would be: A 3,200 B (7,000) I do not wish to answer this question. (1,600) E 4,800 F 4,180