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Augusta Corp's Golf Division has sales of $203,000, cost of goods sold of $113,000, operating expenses of $38,000, average invested assets of $913,000, and a

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Augusta Corp's Golf Division has sales of $203,000, cost of goods sold of $113,000, operating expenses of $38,000, average invested assets of $913,000, and a hurdle rate of 12.25 percent. Calculate the Golf Division's return on investment and its residual income. (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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