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b. The following summary information is available regarding CLU PIC. CLU Plc. Profit Plan For the year ending Dec. 31, 2020 Sales Revenue $320,000 Operating

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b. The following summary information is available regarding CLU PIC. CLU Plc. Profit Plan For the year ending Dec. 31, 2020 Sales Revenue $320,000 Operating Income $26,000 Shareholders' equity $120,000 Operating Assets $60,000 Total Liabilities $40,000 WACC 22% Tax rate 20% Return from Project A $53,500 Cost of project A $43,000 Required: Compute and analyze the: Return on Investment (ROI) for project A Return on Equity (ROE) and its components for the company. Residual income (RI)

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