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 $$70,400$ $$320,000$

Commercial Division $84,000350,000$

Internet Division $180,900670,000$

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 $$70,400$ $$84,000$ $$180,900$

Minimum acceptable income from operations as a percent of invested assets fill in the blank $1$

fill in the blank $2$

fill in the blank $3$

Residual income $fill in the blank $4$

$fill in the blank $5$

$fill in the blank $6$

b$.$ Which division has the most residual income?