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Question 31 (3 points) Assume that Division Blue has achieved a yearly income from operations of $110,000 using $900,000 of invested assets. If management has

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Question 31 (3 points) Assume that Division Blue has achieved a yearly income from operations of $110,000 using $900,000 of invested assets. If management has set a minimum acceptable return of 11%, the residual income is $99,000 5691,000 $209,000 $11,000 Question 32 (3 points) Use this information for Chacha Company to answer the questions that follow. Division A of Chacha Company has sales of $140,000, cost of goods sold of $83,000, operating expenses of $43,000, and invested assets of $150,000 What is the profit margin for Division A? 11.1% 10.0% 9.0% 0.90%

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