Chapter 11 Homework Required 2 Juniper Design Limited of Manchester England, provides design services to residential developers Last year, the company had not operating income of $400,000 on sales of $1.400.000 The company's average operating assets for the year were $1,600,000 and its minimum required rate of return was 12% Required: Compute the company's residual income for the year. 25 pris Hook He Chapter 11 Homework Required 2 Juniper Design Limited of Manchester England, provides design services to residential developers Last year, the company had not operating income of $400,000 on sales of $1.400.000 The company's average operating assets for the year were $1,600,000 and its minimum required rate of return was 12% Required: Compute the company's residual income for the year.