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M10-10 (Algo) Impact of New Investment on ROI, Residual Income (LO 10-4, 10-5) The Western Division of Claremont Company had net operating income of $145,000

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M10-10 (Algo) Impact of New Investment on ROI, Residual Income (LO 10-4, 10-5) The Western Division of Claremont Company had net operating income of $145,000 and average invested assets of $567.000 Claremont has a required rate of return of 13.50 percent. Western has an opportunity to increase operating Income by $33,000 with a $94.000 increase in average invested assets. Compute Western Division's return on investment and residual income currently and if it undertakes the project (Enter your ROI answers as a percentage rounded to two decimal places, (le, 0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answers to the nearest whole dollar.) Current Proponed Project % Rutumn on Investment (ROI) Residual income (Lote

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