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The following information pertains to Ranger, Inc.: Beginning Book Value - $18,000,000 Est. Net Income - $4,000,000 Required Rate of Return - 11% Dividends -

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The following information pertains to Ranger, Inc.: Beginning Book Value - $18,000,000 Est. Net Income - $4,000,000 Required Rate of Return - 11% Dividends - $2,000,000 What is Ranger's residual income? OA. $2,020,000 OB. $2,240,000 Oc. $1,140,000 Od. $5,760,000

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