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This Question: 2 pts 12 of izzy Division of Marine Boats Corporation had the following results last year (in thousands). Sales Operating income Total assets

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This Question: 2 pts 12 of izzy Division of Marine Boats Corporation had the following results last year (in thousands). Sales Operating income Total assets Current liabilities $4,400,000 $700,000 $3,300,000 $220,000 Management's target rate of return is 15% and the weighted average cost of capital is 8%. What is the Izzy Division's Residual Income (RI)1? O A. $205,000 B. $700,000 OC. $105,000 O D. $495,000

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