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Northern Pride Inc., a diversified company, operates four departments. The company has collected the following departmental information for 2020: Department 1 2 3 Sales $

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Northern Pride Inc., a diversified company, operates four departments. The company has collected the following departmental information for 2020: Department 1 2 3 Sales $ 180,000 81,000 1,350,000 1.125,000 Cost of Goods Sold $ 135,000 31,500 1.055,700 675.000 Operating Expenses $ 8.775 19.260 155,700 223.200 Current Investment $ 157,500 189.000 990,000 1,260,000 4 Calculate return on investment and rank department performances. (Round answers to O decimal places, eg. 10%.) Department ROI Rank 1 % 2 96 3. SR > 4 95 Calculate residual income and rank department performances. Assume that the company requires a minimum return on the current investment of 5%. RI Rank Department 1 $ 2 $ 3 $ $

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