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 $611,050 $337,050 Total capital employed 4,040,000 3,607,500 In addition, Washington Company's top management has set a minimum acceptable rate of return out to Required: Enter negative values as negative numbers 1. Calculate the residual income for the Adams Division 231,250 x 2. Calculate the residual income for the Jefferson Division $-27,550 x 182. Residual income - Operating Income - Minimum Rate of Return x Average Operating Assets) Check My Work 4 ore Check My Work uses remaining Previous Next > All work saved C ave and for Grading Trol