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Coolbrook Company has the following information available for the past year: River Division Stream S 1,216,000 1,813,000 Division Sales revenue Cost of goods sold and

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Coolbrook Company has the following information available for the past year: River Division Stream S 1,216,000 1,813,000 Division Sales revenue Cost of goods sold and operating expenses Net operating income Average invested assets 890,0001,291,000 S 326,000 S 522,000 S 1,030,000 1,480,000 The company's hurdle rate is 7.01 percent. Required 1. Calculate return on investment (ROI) and residual income for each division for last year. (Enter your Rol answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.)) Stream Division ROI Residual Income (Loss) 2. Recalculate ROl and residual income for each division for each independent situation that follows: (Enter your ROI answers as a percentage rounded to two decimal places, (.e.,0.1234 should be entered as 12.34%.)) a. Operating income increases by 10 percent. River Division Stream Division ROI Residual Income (Loss)

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