Residual income The operating income and the amount of invested assets in each division of Stewart...

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Residual income The operating income and the amount of invested assets in each division of Stewart Industries are as follows: Operating Income Invested Assets Retail Division Commercial Division Data Analytics Division $109,800 80,000 54,600 $610,000 400,000 390,000 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 Data Analytics Division Operating income Minimum amount of operating income Residual income b. Which division has the most residual income? $109,800 $80,000 $54,600 Residual income The operating income and the amount of invested assets in each division of Stewart Industries are as follows: Operating Income Invested Assets Retail Division Commercial Division Data Analytics Division $109,800 80,000 54,600 $610,000 400,000 390,000 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 Data Analytics Division Operating income Minimum amount of operating income Residual income b. Which division has the most residual income? $109,800 $80,000 $54,600