Managerial P X X + Managerial To X Question 2 - | X _> Chapter 19 N x Chapter 17 N x Alternative Ap X Sy L(x)=8000000 x * Course Hero X + C D ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddlewar... Q [ * Apps DOES THE KETO DI... Reading list Homework: Chapter 19 (B) @ Saved Help Save & Exit Submit 2 Heather Smith Cosmetics (HSC) manufactures a variety of products and is organized into three divisions (investment centers): soap products, skin lotions, and hair products. Information about the most recent year's operations follows. The information includes the value of intangible assets, including research and development, patents, and other innovations that are not included on HSC's balance sheet. Were these intangibles to be included in the financial statements (as they are for EVA ), the increase in the balance sheet and the increase in after-tax operating income would be as given below: 1.66 Intangibles' points Operating Average Total Value of Effect on Division Income Assets Intangibles Income 01:42-53 Soap products $ 3,245,500 $ 59,995,500 $ 1, 495, 500 $ 995, 500 Skin lotions 2,745,508 32,995, 500 7,995, 500 5,995, 500 Hair products 4,995, 500 54,995, 500 995, 500 695, 500 Minimum desired rate of return 5.00% Book Cost of capital 4.00% Print Required: 1. Calculate the return on investment (ROI) for each division. (Round your answers to 2 decimal places. (i.e. .1234 = 12.34%)) References 2. Calculate the residual income (RI) for each division. 3. Calculate EVA for each division. Soap Products Skin Lotions Hair Products 1. Return on investment (ROI) % % % 2. Residual income (RI) 3. EVA Mc Graw Hill 9:49 PM D WE 2/20/2022