Chapter 11: The following information relates to the Upholstery Division of Madison Corporation for last year Sales $300,000 Contribution margin $110,000 Net operating income $65,000 Average operating assets $500,000 Minimum required rate of return 10% Assume that Upholstery was being evaluated solely on the basis of residual income. Which of the following investment opportunities would Upholstery want to invest in? Investment Apex generates a return of 12%. Investment Prime generates a return of 17%. Neither Apex nor Prime Prime only Both Apex and Prime Apex only du