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please finish all the questions. Coolbrook Company has the following information available for the past year: Sales revenue Cost of goods sold and operating expenses
please finish all the questions.
Coolbrook Company has the following information available for the past year: Sales revenue Cost of goods sold and operating expenses Net operating income Average invested assets River Division $ 1,211,000 894,000 $ 317,000 $ 1,130,000 Stream Division $ 1,803,000 1,291,000 $ 512,000 $1,520,000 The company's hurdle rate is 7.76 percent. Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. 2. Recalculate ROI and residual income for the division for each independent situation that follows: a. Operating income increases by 11 percent. b. Operating income decreases by 10 percent. c. The company invests $249,000 in each division, an amount that generates $103,000 additional income per division d. Coolbrook changes its hurdle rate to 5.76 percent. Complete this question by entering your answers in the tabs below. Reg 1 Req 2A Reg 2B Req 2c Req 2D Calculate return on investment (ROI) and residual income for each division for last year. (Enter your ROI percentage rounded to two decimal places, i.e., 0.1234 should be entered as 12.34%.)) River Division Stream Division ROI Residual Income (Loss)Step by Step Solution
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