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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

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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 Operating Expenses Current Investment $ 192,000 $ 144,000 $ 14,400 $ 168,000 2 86,400 33,600 24,576 201,600 3 1,440,000 1,126,080 187,200 1,056,000 4 1,200,000 720,000 278,400 1,344,000 Calculate return on investment and rank department performances. (Round answers to 0 decimal places, e.g. 10%.) Department ROI Rank % 4Calculate residual income and rank department performances. Assume that the company requires a minimum return on the current investment of 10%. Department RI Rank 2 v 3 v 4 v

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