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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

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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 Commercial Division Internet Division $151,200 122,400 100,800 720,000 510,000 630,000 Assume that management has established a 10% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Division Commercial Division Internet Division Income from operations Minimum acceptable of income from operations $151,200 $122,400 $100,800 Residual income

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