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