Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

Carter products is a division of a major corporation. last year the division had total sales of $21,300,000, net operating income of $575,100, and average operating assets of $5,000,000. the company's minimum required rate of return is 12%.the division's residual income is closest to:_________