The Manila Branch of Peter Senen Corporation is treated as an investment center for performance measurement purposes. Selected financial information for such division for last year is given below: Net Sales P200,000 Cost of goods sold 176,250 General and Administrative expenses 3,750 Average working capital 31,250 Average plant and equipment 68,750 Desired rate of return 15% What was the Manila Branch's return on investment for last year? O b. 15% O c. 53.33% O a. 29.09% 20% The Manila Branch of Peter Senen Corporation is treated as an investment center for performance measurement purposes. Selected financial information for such division for last year is given below: Net Sales P200,000 Cost of goods sold 176,250 General and Administrative expenses 3,750 Average working capital 31,250 Average plant and equipment 68,750 Desired rate of return 15% What was the Manila Branch's residual income for last year? O d. P14375 O a. P5,000 O c.P8.750 O b. P9.687.50