Ivanhoe Corporation recently announced a bonus plan to reward the manager of its most profitable division. The three divisional managers are to decide which performance measure will be used to evaluate profitability. Ivanhoe Corporation requires a 10% minimum return on investment. The following information is available for the year just ended. Divisional Operating Assets Divisional Operating Income Invested Capital Division Ashton $940,000 $107,160 $204,000 Drye 860,000 102,340 74,000 Poole 520,000 64,480 124,000 (a) Calculate return on investment. (Round ROI to 2 decimal places, e.g. 5.12%.) Return on Investment % Ashton % Drye % Poole Which division performed the best? (b) Calculate residual income. (If the amount is negative then enter with a negative sign preceding the number, e.g. -5,125 or parentheses, e.g. (5,125).) Residual Income Ashton $ Drye $ Poole $ Which division performed the best? (c) Assume that Ivanhoe Corporation's weighted-average cost of capital is 6% and its tax rate is 25%. Calculate economic value added. (If the amount is negative then enter with a negative sign preceding the number, e.g.-5,125 or parentheses, e.g. (5,125).) Economic Value Added Ashton $ Drye $ $ CA Poole Which division performed the best