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Residual Income The income from operations and the amount of invested asets in each division of Beck Industries are as folows Income from Operations Invested

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Residual Income The income from operations and the amount of invested asets in each division of Beck Industries are as folows Income from Operations Invested Assets Retail Division Commercial Division Internet Division Assume that management has established a 9% minimum acceptable return for invested assets. $5,400,000 6,250,000 1,800,000 $30,000,000 25,000,000 12,000,000 a. Determine the residual income for each division. Retail Division Commercial Division Internet Division Income from operations 15,400,000 6,250,000 $1,800,000 Mirimum acceptable income from operations as a percent of invested assnts Residual income b. Which division has the most residual income Commercial Divislon v

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