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Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the two divisions for the current year:

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Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the two divisions for the current year: Operating income Operating assets Retail Division Wholesale Division $ 2,690,000 $ 6,190,000 $17,900,000 $37,900,000 Terra Company has set a target return on investment (ROI) of 14% for both divisions. Which of the following statements is accurate? Multiple Choice Residual income for the wholesale division was $884,000. None of these answ swers are correct. Residual income for the retail division was $884,000. Residual income for the wholesale division was $184,000

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