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1: (33 marks total) Sleepy Owl Company allows its divisions to operate as autonomous units. Their results for the current year were as follows: Pillow

1: (33 marks total) Sleepy Owl Company allows its divisions to operate as autonomous units. Their results for the current year were as follows: Pillow Blanket Bed Sheet Revenues $2,250,000 $500,000 $4,800,000 Current assets Capital assets Current liabilities Net operating income After-tax income 800,000 152,500 1,435,000 1,000,000 400,000 1,750,000 350,000 75,000 540,000 220,000 60,000 480,000 143,000 39,000 312,000 Weighted average cost of capital 8.5% 8.5% 8.5% Required a. Return on sales b. Return on investment based on total assets employed c. Economic value added d. Residual income based on net operating incomeimage text in transcribed

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