Residual Income The operating income and the amount of invested assets in each division of Conley Industries are as follows: Retail Division Commercial Division Internet Division Operating income: Invested Assets $138,000 $690,000 160,600 730,000 102,500 410,000 Assume that management has established a 12% minimum acceptable return for invested assets. a. Determine the residual income for each division. Operating income Minimum acceptable operating income as a percent of invested assets Residual income b. Which division has the most residual income? Retail Division Commercial Divi $138,000 $160 vested assets in each division of Conley Industries are as follows: Invested Assets me ,000 $690,000 ,600 2,500 730,000 410,000 a 12% minimum acceptable return for invested assets. ch division. as a percent of invested assets l income? Retail Division Commercial Division Internet Division $138,000 $160,600 $102,500