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Residual income The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested

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Residual income The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail Division $149,600 $680,000 Commercial Division 95,000 500,000 Internet Division 170,100 630,000 Assume that management has established a 10% minimum acceptable retum for invested assets. a. Determine the residual income for each division Retail Division Commercial Division Internet Divisid $149,000 $95,000 3170.100 y come from operations Minimum acceptable income from operations as a percent of invested assets Residual income b. Which division has the most residual income

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