Coolbrook Company has the following information available for the past year:

The company's hurdle rate is $7\mathrm{.}01$ percent.

Required:

Calculate return on investment $($ROI$)$ and residual income for each division for last year.

Recalculate ROI and residual income for each division for each independent situation that follows:

a$.$ Operating income increases by $9$ percent.

b$.$ Operating income decreases by $11$ percent.

c$.$ The company invests $$248,000$ in each division, an amount that generates $$110,000$ additional income per division.

d$.$ Coolbrook changes its hurdle rate to $5\mathrm{.}01$ percent.

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Recalculate ROI and residual income for each division for the independent situation that follows: The company invests

$$248,000$ in each division, an amount that generates $$110,000$ additional income per division.

Note: Enter your ROI answers as a percentage rounded to two decimal places, $($i$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}34\%.$