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Can someone please help with Required section C, D and E? Thank you. Rundle Corporation operates three investment centers. The following financial statements apply to

image text in transcribedimage text in transcribedimage text in transcribedCan someone please help with Required section C, D and E? Thank you.

Rundle Corporation operates three investment centers. The following financial statements apply to the investment center named Bowman Division: BOWMAN DIVISION Income Statement For the Year Ended December 31, 2018 Sales revenue $ 106,680 Cost of goods sold 59,775 Gross margin 46,905 Operating expenses Selling expenses (2,810) Depreciation expense (4,155) Operating income 39,940 Nonoperating item Loss of sale of land (3,200) Net income $ 36, 740 BOWMAN DIVISION Balance Sheet As of December 31, 2018 Assets Cash Accounts receivable Merchandise inventory Equipment less accumulated depreciation Nonoperating assets Total assets Liabilities Accounts payable Notes payable Stockholders' equity Common stock Retained earnings Total liabilities and stockholder's equity $ 12,612 40,406 37,200 90,288 10,300 $ 190,806 $ 9,567 71,000 70,000 40,239 $ 190,806 Required c. Calculate the ROI for Bowman. d. Rundle has a desired ROI of 12 percent. Headquarters has $91,000 of funds to assign to its investment centers. The manager of the Bowman Division has an opportunity to invest the funds at an ROI of 14 percent. The other two divisions have investment opportunities that yield only 13 percent. Calculate the new ROI for Bowman division, if the investment opportunity is adopted by Bowman. e. Based on the original data, calculate the original residual income. Also, calculate the new residual income based on information provided in Requirement d. Complete this question by entering your answers in the tabs below. Required C Required D Required E Calculate the ROI for Bowman. (Round your answer to 2 decimal places. (i.e., .2345 should be entered as 23.45).) ROI Required c Required D Required E Rundle has a desired ROI of 12 percent. Headquarters has $91,000 of funds to assign to its investment centers. The manager of the Bowman Division has an opportunity to invest the funds at an ROI of 14 percent. The other two divisions have investment opportunities that yield only 13 percent. Calculate the new ROI for Bowman division, if the investment opportunity is adopted by Bowman. (Round your answer to 2 decimal places. (i.e., .2345 should be entered as 23.45).) Show less New ROI % Required Required U Required E Based on the original data, calculate the original residual income. Also, calculate the new residual income based on information provided in Requirement d. (Round your final answer to nearest whole dollar.) Original residual income New residual income

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