Henry Food corporation has a beverage division. The division has the latest year of operations: data for the Sales Net operating income Average operating assets The company's minimum required rate of return $24,480,000 $1,738,080 5 6,000,000 16% What is the division's return on investment (RO)? What is the division's residual income? Assume that each division is presented with an investment of return of 18%. opportunity that would yield a rate If performance is being measured solely by return on investment, will the beverage division accept or reject the opportunity? If performance is being measured solely by residual income, will the beverage division accept reject the opportunity