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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 $ 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 rank department performances. (Round answers to O decimal places, e.g. 10%.) Department ROI Rank % % 3 % 4 % e Textbook and Media Calculate residual income and rank department performances Assume that the company requires a minimum return on the current investment of 10%. Department RI Rank 1 $ 2 $ 3 $ $

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