Homework i Saved Help Save & Exit Check my Exercise 14-32 (Algo) Comparing Business Units Using Residual Income (LO 14-3) Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year. UEl has a cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows. ook Consumer Commercial Sales revenue $26, 000 $43, 000 sk Divisional income 4, 560 4, 680 Divisional investment 28 , 500 29, 250 int Current liabilities 1, 400 1,200 R&D 1,400 1, 400 ences Required: Evaluate the performance of the two divisions assuming UEl uses residual income. (Enter your answers in dollars rounded to 1 decimal place.) RI of Consumer division RI of Commercial division Which division performed better