The Distribution Division has income from operations of $75,000 and assets of $500,000. The minimum acceptable rate

Question:

The Division has income from operations of $75,000 and assets of $500,000. The minimum acceptable rate of return on assets is 10%. What is the residual income for the division?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...