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Please answer using excel and please dont use image/screenshoot Chapter 14 (15 points) The following data relate to the Car Division and Bike Division :

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Please answer using excel and please dont use image/screenshoot

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Chapter 14 (15 points) The following data relate to the Car Division and Bike Division : Car Division Bike Division Sales 360,000 400,000 Direct variable costs 120,000 100,000 Direct fixed costs 80,000 160,000 Average invested capital 800,000 1,000,000 Required rate of return 8% 8% Determine for both division: a. ROI (6 points) b. Residual income (6 points) c. Which division is eligible for bonus? Why? (3 points)

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