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Cant figure out ROI part... Managerial Accounting chapter 10. Thank you! Augusta Corp's Golf Division has sales of dollar200,000, cost of goods sold of dollar

image text in transcribedCant figure out ROI part... Managerial Accounting chapter 10. Thank you!

Augusta Corp's Golf Division has sales of dollar200,000, cost of goods sold of dollar 105,000, operating expenses of dollar35,000, average invested assets of dollar900,000, and a hurdle rate of 12 percent. Calculate the Golf Division's return on investment and its residual income. (Loss amount should be indicated by a minus sign. Do not round your intermediate calculations. Round "ROI" answer to 1 decimal place.)

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