ROI, Residual Income, and EVA with Different Bases Envision Company has a target return on capital of 12 percent. The following financial information is available for October ($ thousands): Software Division Consulting Division Venture Capital Division (Value Base) (Value Base) (Value Base) Book Current Book Current Book Current Sales $120,000 $120,000 $220,000 $220,000 $820,000 $820,000 Income 14,750 14,200 18,900 22,520 59,230 54,420 Assets 70,000 90,000 100,000 110,000 610,000 590,000 Liabilities 10,000 10,000 14,000 14,000 40,000 40,000 Required a. Compute the return on investment using both book and current values for each division. Round answers to three decimal places 0 X Book Value Current Value Software 0.211 0.158 Consulting 0.189 0.205 Venture Capital 0.097 0.092 b. Compute the residual income for both book and current values for each division. Use negative signs with answers, when appropriate. Book Value Current Value Software $ Ox $ Consulting 0X Venture Capital OX OX c. Compute the economic value added income for both book and current values for each division if the tax rate is 30 percent and the weighted average cost of capital is 10 percent. Use negative signs with answers, when appropriate. Book Value Current Value Software $ 2,575 x $ 190 x Consulting 2.880 x 4,414 x Venture Capital 17,289 X 18,656 x