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Northern Pride Inc., a diversified company, operates four departments. The company has collected the following departmental information for 2020: Department Sales Cost of Goods Sold

Northern Pride Inc., a diversified company, operates four departments. The company has collected the following departmental information for 2020:

Department Sales Cost of Goods Sold Operating Expenses Current Investment

1 $ 188,000 $ 141,000 $12,455 $ 164,500

2 $ 84,600 $ 32,900 $ 22,090 $ 197,400

3 $ 1,410,000 $ 1,102,620 $ 172,960 $ 1,034,000

4 $ 1,175,000 $ 705,000 $ 259,440 $ 1,316,000

Calculate return on investment and rankdepartment performances.(Round answers to 0 decimal places, e.g. 10%.)

Department ROI Rank

1 ? % ?

2 ? % ?

3 ? % ?

4 ? % ?

Calculate residual income and rankdepartment performances. Assume that the company requires a minimum return on the current investment of10%.

Department RI Rank

1 $ ? ?

2 $ ? ?

3 $ ? ?

4 $ ? ?

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