Residual Income The operating income and the amount of invested assets in each division of Conley Industries are as f Operating income $93,100 Commercial Division 112,200 Internet Division 110,600 Assume that management has established a 8% minimum acceptable return for invested assets. Retail Division a. Determine the residual income for each division. Invested Assets $490,000 660,000 790,000 Operating income Minimum acceptable operating income as a percent of invested assets Residual income b. Which division has the most residual income? Retail Division $93,1

The operating income and the amount of invested assets in each division of Conley Industries are as Assume that management has established a 8% minimum acceptable return for invested assets. a. Determine the residual income for each division