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1. Compute return on investment (ROI). 2. Compute residual income. All answers must be entered as a formula. Click OK to begin. Adams Corporation evaluates

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1. Compute return on investment (ROI). 2. Compute residual income. All answers must be entered as a formula. Click OK to begin. Adams Corporation evaluates divisional managers based on ROI. Operating results for the company's Northern Division for last year are given below: Adams Corporation's minimum acceptable rate of return 15% 18 19 Compute the following: 20 21 Northern Division ROI for last year 22 23 Northern Division ROI if new product line is added Write an IF statement to determine whether the Northern Division manager will ACCEPT or REJECT the new product line based on ROI. Northern Division residual income for last year 30 Northem Division residual income if the new product line is added 32 Write an IF statement to determine whether the Northern Division manager 33 will ACCEPT or REJECT the new product line based on residual income 34

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