The Consumer Products Division of Weiter Corporation Had Average Operating

question 58

Multiple Choice

The Consumer Products Division of Weiter Corporation had average operating assets of $570,000 and net operating income of $65,100 in March. The minimum required rate of return for performance evaluation purposes is 12%.
-What was the Consumer Products Division's residual income in March?

• A)-$3,300
• B)$3,300
• C)-$7,812
• D)$7,812

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