eBook Residual Income Show Me How The operating income and the amount of invested assets in each division of Conley Industries are as follows: Retail Division Commercial Division Internet Division Operating Income Invested Assets $119,700 $570,000 135,000 121,600 750,000 760,000 Assume that management has established a 12% minimum acceptable return for invested assets. a. Determine the residual income for each division. perating income Minimum acceptable operating income as a percent of invested assets Residual incoge b. Which division has the most residual income? Feedback Retail Division $119,700 54,036 X Commercial Division $135,000 0.18 X 0x Internet Division $121,600