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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

image text in transcribedimage text in transcribed 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 $90,200 110,200 143,100 $410,000 580,000 530,000 Assume that management has established a 12% 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? $ Retail Division Commercial $90,200 $110,20 ts for invested assets. Retail Division Commercial Division Internet Division $90,200 $110,200 $143,100 X $

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