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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 $81,700 $430,000 Commercial Division 49.300 290,000 Internet Division 86,800 620,000 Assume that management has established a 8% minimum acceptable return for invested assets. a. Determine the residual income for each division Retail Division Commercial Division Internet Division Income from operations $81,700 $49,300 $86,800 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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