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Rosemary Division of Spice Industries had average operating assets of $526,000 and net operating income of $75,000. The company uses residual income, with a minimum

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Rosemary Division of Spice Industries had average operating assets of $526,000 and net operating income of $75,000. The company uses residual income, with a minimum required rate of return of 1396, to evaluate the performance of its divisions. What was Rosemary Division's residual income? ($6,620) OA $6,620 B. $9,750 OC ($9,750)

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