h. 9: Homework Help Save&Exit Sub Check my wo 5 Thornton Home Maintenance Company earned operating income of $6,350,400 on operating assets of $58,800,000 during 2018. The Tree Cutting Division earned $1,171,210 on operating assets of $6,770,000. Thornton has offered the Tree Cutting Division $2,080,000 of additional operating assets. The manager of the Tree Cutting Division believes he could use the additional assets to generate operating income amounting to $430,560. Thomton has a desired return on investment (RO of 8.80 percent 2 ts Required Book a. Calculate the return on investment for Thornton, the Tree Cutting Division, andjthe additional investment opportunity. b. Calculate the residual income for Thornton, the Tree Cutting Division, and the additional investment opportunity Hint erences Complete this question by entering your answers in the tabs below Required ARequired B nity. (Round Calculate the return on investment for Thornton, the Tree Cutting Division, and the additional investment opportu your answers to 2 decimal places. (i.e., .2345 should be enteredas 23.45) - Return on Investment Thornton Home Maintenance Company Tree Cutting Division 5 b. Calculate the residual income for Thornton, the Tree Cutting Division, and the additional investment opportunity Complete this question by entering your answers in the tabs below 432 points Required A RequiredB eBook Hint References Calculate the return on investment for Thornton, the Tree Cutting Division, and the additional investment opportunity. (Round your answers to 2 decimal places. (i.e., .2345 should be entered-as 23.45).) Return on Investmen Thomton Home Maintenance Company Tree Cutting Division Additional investment opportunity Required B> Next > Mc Graw