Date: When the calculations for ROI and Residual income are correct, the cells will change to yellow. Adams Corporation evaluates divisional managers based on ROI. Operating results for the company's Southern Division for last year are provided below: Sales Variable expenses Contribution margin Fixed expenses Net operating income ######## ######## ######## 8,640,000 ######## Average divisional operating assets ######## The Southern Division has an opportunity to add a new product line at the beginning of the year as follows: Average required investment Net operating income ######## $500,000 Minimum required rate of return: 16% Assuming the company accepts all projects that meet or exceed the minimum rate of return, compute the folllowing: Southern Division ROI Minimum required rate of return: 16% Assuming the company accepts all projects that meet or exceed the minimum rate of return, compute the folllowing: Southern Division ROI Southern Division ROI if new product line is added Southern Division residual income for last year Southern Division residual income if the new product line is added Date: When the calculations for ROI and Residual income are correct, the cells will change to yellow. Adams Corporation evaluates divisional managers based on ROI. Operating results for the company's Southern Division for last year are provided below: Sales Variable expenses Contribution margin Fixed expenses Net operating income ######## ######## ######## 8,640,000 ######## Average divisional operating assets ######## The Southern Division has an opportunity to add a new product line at the beginning of the year as follows: Average required investment Net operating income ######## $500,000 Minimum required rate of return: 16% Assuming the company accepts all projects that meet or exceed the minimum rate of return, compute the folllowing: Southern Division ROI Minimum required rate of return: 16% Assuming the company accepts all projects that meet or exceed the minimum rate of return, compute the folllowing: Southern Division ROI Southern Division ROI if new product line is added Southern Division residual income for last year Southern Division residual income if the new product line is added