The following is available for Golden Corporation for 2019: Sales 2,000,000 Average invested capital (assets) 500,000 Net income 300,000 Cost of capital 18% What is the residual income for Golden...

• The following is available for Golden Corporation for 2019:

Sales                                                       2,000,000

Average invested capital (assets)         500,000

Net income                                               300,000

Cost of capital                                             18%

What is the residual income for Golden Corp.?

1. P – 0 -


2. P 200,000


3. P 210,000


4. P 246,000