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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 $125,400 $570,000 Commercial Division 122,500 490,000 Internet Division 192,400 740,000 Assume that management has established a 39 minimum acceptable return for invested at a. Determine the residual income for each division Internet Division Retail Division $125,400 Commercial Division 5122,500 Operating income Minimum acceptable operating income as a percent of invested assets $192.400 Residual income b. Which division has the most residual income

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