Coolbrook Company has the following information available for the past year Sales revenue Cost of goods sold and operating expenses Net operating income Average invested assets River Division Stream Division $ 1.202.000 $ 1,800,000 897 000 1.280 000 $ 305.000 $ 523,000 $ 1.100,000 $1,450,000 The company's hurdle rate is 6.76 percent Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. (Enter your ROI answers as a percentage rounded River Division Stream Division ROI Residual income (LOSS) 2. Recalculate ROI and residual income for each division for each independent situation that follows: (Enter your ROI answers as a percentage a. Operating income increases by 8 percent. River Division Stream Division ROI Residual income (Loss) :: Type here to search o 2 3 5 6 7 8 b. Operating income decreases by 8 percent River Division Stream Division 9 ROL Residual Income (Loss) C. The company invests $244,000 in each division, an amount that generates $118,000 additional income per division River Division Stream Division ROI Residual income (Loss) d. Coolbrook changes its hurdle rate to 4.76 percent River Division Stream Division ROI Residual income (Loss) 1 Type here to search o si lije