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Augusta Corporation's Golf Division has sales of $ 1 9 2 , 0 0 0 , cost of goods sold of $ 1 0 2

Augusta Corporation's Golf Division has sales of $192,000, cost of goods sold of $102,000, operating expenses $27,000, average
invested assets of $902,000, and a hurdle rate of 12.75 percent.
Calculate the Golf Division's 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.
Return on Investment (ROI)
%
Residual Income (Loss)
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