2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 16%. Compute the residual income for each division. Osaka Yokohama Average operating assets $ 2,675,000 $ 18,500,000 Net operating income 749,000 3,330,000 Minimum required return on average assets Residual income $ 749,000 $ 3,330,000 Prev 6