Hansen Company Reported the Following Information for 2012 The Company's Operating Income for 2012 Was
A) $37,080

Multiple Choice

Hansen Company reported the following information for 2012: $\begin{array}{lr}\text { Sales } & \$ 787,000 \\\text { Average Operating Assets } & \$ 375,000 \\\text { Desired ROI } & 9 \% \\\text { Residual Income } & \$ 11,250\end{array}$ The company's operating income for 2012 was

A) $37,080.
B) $33,750.
C) $45,000.
D) $363,750.