Question: 25% 2.5 #8. Given the following data: 10% Return on investment Turnover $100,000 $40,000 Margin 20% Sales Average operating assets Minimum required rate of return

25% 2.5 #8. Given the following data: 10% Return on investment Turnover $100,000 $40,000 Margin 20% Sales Average operating assets Minimum required rate of return The residual income would be (Choose the closest answer): a) $2,800 b) $2,000 c) $7,000 d) $6,000 e) $8,000

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