200 The following data relates to Haven Corporation and its Northern Division. Light Bulb Division...
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Accounting
200 The following data relates to Haven Corporation and its Northern Division. Light Bulb Division sales Light Bulb Division operating income $6,500,000 $780,000 Light Bulb Division total assets $3,250,000 Light Bulb Division current liabilities $500,000 Corporate target rate of return 10% Corporate weighted average cost of capital 7% What is the Northern Division's Residual Income (RI)? O A. $780,000 O B. $325,000 O C. $455,000 OD. $227,500
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