38. Magnolia Company's Division A has operating income of $83,300 and assets of $302,300. The minimum acceptable return on investment is 15%.

What is the residual income for the division? $______

39. Paduka Industries has several divisions. The Eastern Division has $350,000 of invested assets, operating income of $200,000, and residual income of $151,000. Determine the minimum acceptable return on investment. _____%