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Residual Income The operating income and the amount of invested assets in each division of Conley Industries are as follows: Assume that management has established

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Residual Income The operating income and the amount of invested assets in each division of Conley Industries are as follows: Assume that management has established a 12% minimum acceptable retum for invested assets. a. Determine the residual income for each division. b. Which division has the most residual income

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