E23-27 (similar to) Question Help Speed Auto Company operates a new car division (that sells high performance sports cars) and a performance parts division (that sells performance-improvement parts for family cars). Some division financial measures for 2017 are as follows: (Click the icon to view the data.) Read the requirements. Requirement 1. Calculate return on investment (ROI) for each division using operating income as a measure of income and total assets as a measure of investment. (Enter the ROI as a percent rounded to one decimal place in the format X.X%.) New Car Division Performance Parts Division Measure of income 2,250,000 2,550,000 Measure of investment = 25,000,000 25,500,000 ROI 9.0% 10.0 % Requirement 2. Calculate residual income (RI) for each division using operating income as a measure of income and total assets minus current liabilities as a measure of investment. (Use parentheses or a minus sign to enter residual losses.) New Car Division Performance Parts Division RI i Data Table New Car Performance Division Parts Division Total assets $ 25,000,000 $ 25,500,000 Current liabilities $ 6,600,000 $ 8,100,000 Operating income $ 2,250,000 $ 2,550,000 Required rate of return 12% 12%