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Worldwide Logistics provides the following? information: Operating income $ 1 comma 500 comma 000$1,500,000 Net sales $ 15 comma 000 comma 000$15,000,000 Average total assets

Worldwide Logistics provides the following? information:

Operating income

$ 1 comma 500 comma 000$1,500,000

Net sales

$ 15 comma 000 comma 000$15,000,000

Average total assets

$ 1 comma 900 comma 000$1,900,000

?Management's target rate of return

3030?%

What is the? company's residual? income?

A.

$ 570 comma 000$570,000

B.

$ 930 comma 000$930,000

C.

$ 1 comma 450 comma 000$1,450,000

D.

$ 400 comma 000$400,000

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