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Munoz Cough Drops operates two divisions. The following information pertains to each division for Year 1. Sales Operating income Average operating assets Company's desired rate

Munoz Cough Drops operates two divisions. The following information pertains to each division for Year 1. Sales Operating income Average operating assets Company's desired rate of return Division A $ 202,000 $ 15,700 $ 58,000 17% Division B $88,000 $ 8,500 $45,000 17% Required a. Compute each division's residual income b. Which division increased the company's profitability more

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