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RCES Problem 22-7A Sentinel Industries has manufactured prefabricated houses for ever 20 years. The houses are constructed in sections to be assembled on for assembly.

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RCES Problem 22-7A Sentinel Industries has manufactured prefabricated houses for ever 20 years. The houses are constructed in sections to be assembled on for assembly. Sentinel designated the Jensen Division as an investment cenber Sentinel uses return on investment (ROI) as a performance measure with investment defined as average o of 20 4%. Jensen management decided ag nst the investment because it believed the nvestment would decrease the divisions overall customers lots. Sentinel expanded into the preaut housing into the appropriate lengths, banded into packages, and shipped to customers' lots cquired Jensen Company, one of its suppliers. In this market, various tyoes of lumber are precut in mket whn operating assets, Management bonuses are based in part on ROI. All investments are d an investment opportunity in 2017 that had an estimated RO t was acquired Selected financial informat, for kenten are prese ted below. The Oison's average operatingsses-ere S12, 128,000 for the year 2317 SENTINEL INDUSTRIES ensen Divisien Selected Financial Information For the Year Ended December 31, 2017 525,382,000 9,117,000 2,590,000 Sales Contribution margin Controliable margin Calculete the tolowing performance measures for 2017 for the Jensen Division (Round ROt to 1 decimal place g 1.5 (1) Return on investment (RO (2) Residual income you would like to Show work fer mia question. 20nstsnxo akk

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