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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: Adams Division

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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: Adams Division Jefferson Division Net (after-tax) income Total capital employed $707,850 4,040,000 $355,950 3,412,500 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.

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