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Residual income The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating Income Invested Assets Retail

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Residual income The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating Income Invested Assets Retail Division 5143,000 $650,000 Commercial Division 152.000 760,000 Internet Division 68,400 380,000 Assume that management has established a 10% minimum acceptable return for invested assets. - Determine the residual income for each division Commercial Division Retail Division $143,000 Internet Division 550,400 $152.000 Operating income Minimum acceptable operating income as a percent of invested est Besidual income Which has the most residual income? Het Division the sceptable origincome percent of invested from operating income

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