Return on Investment and Residual Income

as an investment center of Miner.

ROI has ranged from $18\%$ to $21\%$ since it was acquired.

Calculate the following performance measures for the year just ended for the V$-$Shed Division of

Miner Industries:

a$.$ Return on average investment in operating assets employed $($ROI$).$

Round percent to one decimal place.

i

b$.$ Residual income calculated on the basis of average operating assets employed.

Round amount to the nearest dollar.

$