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Coolbrook Company has the following information available for the past year Stream Sales revenue Cost of goods sold and operating expenses Net operating income Average
Coolbrook Company has the following information available for the past year Stream Sales revenue Cost of goods sold and operating expenses Net operating income Average invested assets River Division Division $ 1,201,000 S 1,813,000 $307,000 S 532,000 $ 1,030,000 S 1,440,000 94,0001,281000 The company's hurdle rate is 6.26 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 to two decimal places, (i.e., 0.1234 should be entered as 12.34%.)) River Division Division RO Residual Income (Loss)
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