Exercise 18.22 The following selected data pertain to Coburg Company's furniture division for last year: Sales $4,764,000 Variable costs $3,029,000 Traceable fixed costs $162,100 Average invested capital (assets) $7,490,000 Current liabilities $475,000 Required rate of return 15% Marginal tax rate 34% Weighted average cost of capital 11% Calculate the residual income. Residual income Calculate the return on investment. ROI % Calculate the economic value added. EVA