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please answer correctly and show workings. Thank you ROT and Pesidual income impact of a New investment The Mustang Division of Detroit Motors had an

please answer correctly and show workings. Thank you
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ROT and Pesidual income impact of a New investment The Mustang Division of Detroit Motors had an operating income of $1,000000 and net assets of 58,000000 . Detrot Motars has a taget nate of retum of 16 perrere. (a) Compute the retum on investment, (Round your answer to three decimal places) (b) Compute the residual income. (c) The Mustang Division has an opportunity to increase operating income by 3300,000 weth an 1850.000 imestment in assets 1. Compute the Mustang Division's return on investment if the project is undertakich. (Round your answer to three decimal places) 2. Compute the Mustang Division's residual income if the project is undertaken

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