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QUESTION 38 Questions 36-39 can be answered using the following information regarding Lex Company Lex Company has two divisions: A and B. The company has

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QUESTION 38 Questions 36-39 can be answered using the following information regarding Lex Company Lex Company has two divisions: A and B. The company has a hurdle rate of 0 percent. Selected operating data for the two divisions are follows: Division A Division Sal os revenue $1,481,000 $1,030,000 Cost of goods sold 794,000 753,000 Miscellaneous operating expenses 70,000 68,000 Interest and taxes 54,000 47,000 Average invested assets 9,138,000 2,112,000 Compute the retum on investment (RO) for Division A O 0616 66.16% 6.75% od 0675% QUESTION 37 Compute the return on investment (ROI) for Division B (Round your answer to two decimal places) * 1032% ob 10.32% 08.10% 0.0810% Questions 30-39 can be answered using the following information regarding Lex Company Lex Company has two divisions: A and 8. The company has a hurdle rate of percent. Selected operating data for the two divisions are as follows: Division A Division os revenue $1,481,000 $1,030,000 Cost of goods sold 794,000 763.000 Miscellaneous operating expenses 70.000 68,000 Interest and taxes 54.000 47,000 Average invested assets 9,138,000 2,112,000 Compute the return on investment (ROI) for Division A Sal O 0610 6.16% 046.75% 4.0675 QUESTION ST Compute the return on investment (RO) for Division B (Round your answer to two decimal places) 1032% 10.32% 08.10% 40810% QUESTION 38 Compute the residual income for Lex's Division A using the information provided in question #36 above $27,920 $27,9201 $205,420 (5205,420)

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