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5 1 points Jordan Home Maintenance Company earned operating income of $6,678,300 on operating assets of $59,100,000 during Year 2. The Tree Cutting Division earned

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5 1 points Jordan Home Maintenance Company earned operating income of $6,678,300 on operating assets of $59,100,000 during Year 2. The Tree Cutting Division earned $1,186,680 on operating assets of $6,820,000. Jordan has offered the Tree Cutting Division $2,060,000 of additional operating assets. The manager of the Tree Cutting Division believes he could use the additional assets to generate operating income amounting to $414,060. Jordan has a desired return on investment (RON of 9.30 percent Required a. Calculate the return on investment for Jordan, the Tree Cutting Division, and the additional Investment opportunity b. Calculate the residual income for Jordan, the Tree Cutting Division, and the additional investment opportunity Book Complete this question by entering your answers in the tabs below. Required A Required B Calculate the return on investment for Jordan, the Tree Cutting Division, and the additional investment opportunity. (Round your answers to 2 decimal places. (l.e., 0.2345 should be entered as 23.45).) aces Return on Investment Jordan Home Maintenance Company Tree Cutting Division Additional investment opportunity % % % Required Required B Complete this question by entering your answers in the tabs below. Required A Required B Calculate the residual income for Jordan, the Tree Cutting Division, and the additional investment opportunity. Residual Income Jordan Home Maintenance Company Tree Cutting Division Additional Investment opportunity

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