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The Cardstock Manufacturing Division of the Pulp Paper Company is considering investing in a project with the following results from the past year Shareholders require

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The Cardstock Manufacturing Division of the Pulp Paper Company is considering investing in a project with the following results from the past year Shareholders require a return of 11% Sales $700,000 Operating income 140,000 Total assets $1,300,000 Current liabilities 400,000 What is the division's Residual Income (RI) and should the Cardstock Division invest in the project ? S S O A. $77,000 and accept the project OB. $3000 and accept the project OC. $3,000 and reject the project OD. $63,000 and accept the project 28 To $1. Cur 300 Wh EX

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