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Please help with the answers Residual Income The operating income and the amount of invested assets in each division of Otte Industries are as follows:

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Residual Income The operating income and the amount of invested assets in each division of Otte Industries are as follows: Operating Income Invested Assets Retail Division $74,800 $340,000 Commercial Division 144/400 760,000 Internet Division 145,800 540,000 Assume that management has established a 8% minimum acceptable rate of return for invested assets, a. Determine the residual income for each division. Commercial Internet Retail Division Division Division Operating income $74,800 $144,400 $145,800 Minimum acceptable operating income as a 22 X percent of invested assets Residual income b. Which division has the most residual income? Internet Division v

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