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Augusta Corporation s Golf Division has sales of $ 1 9 6 , 0 0 0 , cost of goods sold of $ 1 0

Augusta Corporations Golf Division has sales of $196,000, cost of goods sold of $106,000, operating expenses of $31,000, average invested assets of $906,000, and a hurdle rate of 13.75 percent.
Calculate the Golf Divisions return on investment and its residual income.
Note: Enter loss amount with a minus sign. Enter your ROI answer as a percentage rounded to two decimal places, (i.e.,0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answer to the nearest whole dollar.

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