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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 1 $ 176,000 $ 132,000 $ 14,740 $ 154,000 2 79,200 30,800 20,680 184,800 1,320,000 1,032.240 181.280 968,000 1,100,000 660,000 242,880 1.232,000 3 4 Calculate return on investment and rank department performances. (Round answers to decimal places, eg. 10%) Department ROI Rank 1 % N 2 % 96 % > 3 % 4 Calculate residual income and rank department performances. Assume that the company requires a minimum return on the current investment of 5%. Department RI Rank 1 $ 2 3 $ 4 $

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