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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

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 $378,000 Net (after-tax) income Total capital employed In addition, washington Company's top management has set a minimum acceptable rate of return equal to 10% Required Enter negative values as negative numbers. 1. Calculate the residual income for the Adams Division. $683,650 4,560,000 3,445,000 2. Calculate the residual income for the Jefferson Division

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