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10 points 1 Coolbrook Company has the following information available for the past year: Sales revenue Cost of goods sold and operating expenses Net
10 points 1 Coolbrook Company has the following information available for the past year: Sales revenue Cost of goods sold and operating expenses Net operating income Average invested assets eBook The company's hurdle rate is 7.01 percent. River Division $ 1,207,000 889,000 $ 318,000 $ 1,110,000 Stream Division $ 1,803,000 1,289,000 $ 514,000 $ 1,540,000 Print References Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. 2. Recalculate ROI and residual income for each division for each independent situation that follows: a. Operating income increases by 8 percent. b. Operating income decreases by 12 percent. c. The company invests $260,000 in each division, an amount that generates $111,000 additional income per division. d. Coolbrook changes its hurdle rate to 5.01 percent. Mc Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Req 2C Req 2D Calculate return on investment (ROI) and residual income for each division for last year. Note: Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.) DAI River Division Stream Division To To 10 Check my work
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