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The Labrador Falls Company has three divisions: A Division, B Division, and C Division. $370,000 $545,000 Sales Net operating income Residual Income Average Division Assets

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The Labrador Falls Company has three divisions: A Division, B Division, and C Division. $370,000 $545,000 Sales Net operating income Residual Income Average Division Assets Cost of Capital Profit Margin Asset Turnover Return on investment ? $25,000 14,500 300,000 322,500 87,500 85,100 38,500 8% 18% 15% 5% 5.0 10% What was C Division's cost of capital last year? o 10,0%. o 12.0%. o 23,0%. o 22.0%

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