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Data in the table below pertains to the Wagga Division of Lucky Company for 2022. Income Sales Investment $200,000 $2,500,000 $1,000,000 Required 1. Calculate ROI
Data in the table below pertains to the Wagga Division of Lucky Company for 2022. Income Sales Investment $200,000 $2,500,000 $1,000,000 Required 1. Calculate ROI using the Du Pont method 2. If investment in the Wagga Division is reduced to $800,000, calculate the ROI using the Du Pont method. 3. If Lucky Company's minimum desired rate of return on invested capital is 10%, calculate the 2022 residual income of the Wagga Division
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