Chrome File Edit View History Bookmarks People Tab Window Help 91% Fri 9:46 PM Chapter 19 Assignment X + f C = Apps newconnect.mheducation.com/flow/connect.html College Email Assignment 1 Reading Reading 1 Reading 2 M McGraw-Hill Conn... SV Academic Calend... SU CUNY Blackboard... My Print Center Trainings for Tax Chapter 19 Assignment i Saved Help Save & Exit Submit Check my work Consider the following data (in millions) from Trident Financial Inc., which has two main divisions, mortgage loans and consumer loans: 0.22 points Average total assets Operating income Return on investment (ROI) Mortgage Loans $1,900 $ 380 20.00% Consumer Loans $15,250 $ 1,830 12.00% Skipped eBook Required: 1. Based on ROI, which division is more successful? References O Mortgage loans O Consumer loans 2. Trident uses residual income (RI) as a measure of the financial performance of its divisions. What is the Rl for each division if the minimum desired rate of return is (a) 10%, (b) 15%, and (c) 20%? (Leave no cells blank. Enter "0" wherever required. Negative amounts should be indicated by a minus sign. Enter your answers in millions of dollars, rounded to nearest whole number.) Residual Income (RI) Mortgage Consumer Loans Loans (a) (b) (c) 10% 15% 20% Mc Graw Hill Education