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Exercise 18.22 The following selected data pertain to Coburg Company's furniture division for last year: Sales Variable costs Traceable fixed costs Average invested capital (assets)

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Exercise 18.22 The following selected data pertain to Coburg Company's furniture division for last year: Sales Variable costs Traceable fixed costs Average invested capital (assets) Current liabilities Required rate of return Marginal tax rate Weighted average cost of capital $4,987,000 $3,178,000 $199,000 $8,050,000 $542,000 16% 33% 13% Calculate the residual income. Residual income Calculate the return on investment. ROI % Calculate the economic value added. EVA $

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