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Locator &inprogressafa. R Upc Assignment 8.1 Residual Income Washington Company has two divisions: the Adams Division and the Jefferson Division. The following information pertains to
Locator &inprogressafa. R Upc Assignment 8.1 Residual Income Washington Company has two divisions: the Adams Division and the Jefferson Division. The following information pertains to last year's results: Adams Division Jefferson Division Net (after-tax) Income $617,100 $343,350 Total capital employed 4,120,000 3,477,500 In addition, Washington Company's top management has set a minimum acceptable rate of return equal to 8% Required: Enter negative values as negative numbers 1. Calculate the residual income for the Adams Division 2. Calculate the residual Income for the Jefferson Division
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