Deskin Corporation uses residual income to evaluate the performance of its divisions. The company's minimum required rate of return is 19%. In February, the Commercial Products Division had average operating assets of $780,000 and net operating income of $139,800. What was the Commercial Products Division's residual income in February?
A) -$8,400
B) -$26,562
C) $8,400
D) $26,562

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The Answer of Deskin Corporation uses residual income to evaluate the performance of its divisions. The company's minimum required rate of return is 19%. In February, the Commercial Products Division had average operating assets of $780,000 and net operating income of $139,800. What was the Commercial Products Division's residual income in February?
A) -$8,400
B) -$26,562
C) $8,400
D) $26,562

Deskin Corporation Uses Residual Income to Evaluate the Performance of Its