Residual income The Commercial Division of Galena Company has operating income of $148,020 and assets of $464,000. The minimum acceptable return on assets is 11%. What is the residual income for the division? $ 12,531,9 X Fudback Check My Work Subtract the minimum acceptable operating income as a percent of invested assets from operating income Minimum acceptable income is calculated by multiplying assets by the minimum acceptable rate of return on assets