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Residual Income Washington Company has two divisions: the Adams Division and the Jefferson Division. The following information pertains to last year's results: In addition, Washington

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Residual Income Washington Company has two divisions: the Adams Division and the Jefferson Division. The following information pertains to last year's results: In addition, Washington Company's top management has set a minimum acceptable rate of return equal to 11%. Required: Enter negative values as negative numbers. 1. Calculate the residual income for the Adams Division. 2. Calculate the residual income for the Jefferson Division

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