X 92 minutes remain Question 14 8 The following financial information on Beastie's two divisions is as follows: Upper Lower E Revenues $850,000 $700,000 Operating Expenses 470,000 460,000 Operating Income $380,000 $240,000 Assets Invested $2,000,000 $1,100,000 Minimum acceptable Operating Income as percent of Invested assets -12% What is the residual income for the Lower Division? $108,000 (B) $132,000 50 DA negative value. Pri Last saved 1:13:59 PM Questions Filter (40) Tw tab esc ps lock 1 24 62 0 15 80 888 " 3 #3 $ 94 16 % 5 25 Q W E R A S D LL F