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Residual Income Washington Company has two divisions: the Adams Division and the Jefferson Division. The...

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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 707,850 Net (after-tax) income Total capital employed 4,120,000 In addition, Washington Company's top management has set a minimum acceptable rate of return equal to 11%. Required: Enter negative values as negative numbers. 1. Calculate the residual income for the Adams Division. $327,600 3,802,500 2. Calculate the residual income for the Jefferson Division

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