Need answer in 15 minutes

The Cattle Division of Farm Ltd. reported the following Information: Sales 725,000 Operating Expenses 455,000 Average Operating Assets 975,000 Return on Investment (ROI) 27.7% Minimum required rate of return 14% Residual Income 133,500 A new project has been proposed to the Cattle Division requiring an investment in assets of $330,000. The project will increase operating income by $135,000. a) What is the Return on Investment if the Cattle division takes on the new project? Show all your calcu b) Based on ROI should the Cattle division take on this new project? Yes or No? Why 1 A B I Qo $$ Ol= Operating Income/ investments in assets -330,000 What is the Residual Income if the Cattle division takes on the new project? Show all your calcula Based on the RI should the Cattle division take on this new project? Yes or No? Why