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1-5 please thank toy Coolbrook Company has the following information available for the past year. River Division $1,209,000 Stream Division $1,818,000 1,296,000 Sales revenue cost
1-5 please thank toy
Coolbrook Company has the following information available for the past year. River Division $1,209,000 Stream Division $1,818,000 1,296,000 Sales revenue cost of goods sold and operating expenses 893,000 Net operating income $ 316,000 $ 522,000 Average invested assets $1,130,000 $1,540,000 The company's hurdle rate is 7.76 percent. Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. 2. Recalculate ROI and residual income for the division for each independent situation that follows: a. Operating income increases by 10 percent. b. Operating income decreases by 10 percent. c. The company invests $256,000 in each division, an amount that generates $102,000 additional income per division. d. Coolbrook changes its hurdle rate to 5.76 percent. Complete this question by entering your answers in the tabs below. Req 1 Reg 2A Req 28 Req 2C Req 2D Calculate return on investment (ROI) and residual income for each division for last year. (Enter your ROI answers as a percentage rounded to two decimal places, (1.e., 0.1234 should be entered as 12.34%.)) River Division Stream Division RO % Residual Income (Loss) Reg 1 Req 2A > Step by Step Solution
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