10. Juniper Design Ltd. of Manchester, England, is a company specializing in providing design services to residential developers. Last year the company had net operating income of $420,000 on sales of $2,000,000. The company's average operating assets for the year were $2,200,000 and its minimum required rate of return was 14%. Required Compute the company's residual income for the year Average operating assets Net operating income Minimum required return Residual income Check my work