River Stream Division Division Sales revenue $1, 211, 000 $1, 801, 000 Cost of goods sold and operating expenses 884, 000 1, 290, 000 Net operating income $ 327, 000 $ 511, 000 Average invested assets $1, 010, 000 $1, 530, 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 $245,000 in each division, an amount that generates $116,000 additional income per division. es d. Coolbrook changes its hurdle rate to 5.76 percent. Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Req 2C Req 2D Recalculate ROI and residual income for each division for the independent situation that follows: The company invests $245,000 in each division, an amount that generates $116,000 additional income per division. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.). Round your "Residual Income (Loss)" answer to the nearest whole dollars. Loss amounts should be indicated with a minus sign.) Show less River Division Stream Division ROI % % Residual Income (Loss)Coolbrook Company has the following information available for the past year: River Stream Division Division Sales revenue $1, 211, 000 $1, 801, 000 Cost of goods sold and operating expenses 884, 000 1, 290, 000 Net operating income $ 327, 000 $ 511, 000 Average invested assets $1, 010, 000 $1, 530, 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 $245,000 in each division, an amount that generates $116,000 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. Req 1 Req 2A Req 2B Req 2C Req 2D Calculate return on investment (ROI) and residual income for each division for last year. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.)) River Division Stream Division RO % % Residual Income (Loss)