Barrington Corporation reports the following information.
2017 2016
Cash $15,960 $14,490
Net operating working capital $6,150 $3,300
Net long-term operating assets $9,360 $9,300
Net nonoperating obligations $2,700 $2,100
Net operating profit after tax $1,950 $1,620
Weighted average cost of capital 7.0% 7.0%
a. What is the company's residual operating income (ROPI) for 2017?
Select one:
A. $ 864
B. $1,068
C. $1,215
D. $ 988
E. None of the above
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