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28,000,000 -.5 = 50% 41. For the Smith division and the Barney division they each had the following results for the year. The company requires
28,000,000 -.5 = 50% 41. For the Smith division and the Barney division they each had the following results for the year. The company requires a ROI of 7.0%. (8 points) Quarry Co. Revenue Costs Average assets Smith S412.000 580.000 00.000 Barney S450.000 +11.000 600.000 What is the ROI for Smith? What is the ROI for Barney? What is the residual income for Smith? What is the residual income for Barney? Which division or divisions did not meet the requirement set by the company? What could that division or divisions do to improve the results in the future
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