Residual Income The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Retail Division Commercial Division Internet Division $43,200 174,300 99,000 Invested Assets $240,000 830,000 450,000 Assume that management has established a 10% minimum acceptable return for invested assets. a. Determine the residual income for each division. Income from operations Minimum acceptable income from operations as a percent of invested assets Residual income b. Which division has the most residual income? Commercial Division Feedback Check My Work a. Subtract the minimum acceptable income from operations as a percent of invested assets. b. Compare the results for the divisions. Learning Objective 4. $ Retail Division Commercial Division Internet Division $43,200 $174,300 $99,000 $