The following information is available about the status and operations of the Manufacturing Division of Taylor Company, which has a hurdle rate of $7\%.$

Divisional identifiable average assets $ $411,274$

Divisional income from operations $17,924$

Divisional sales revenue $366,815$

Required:

Compute the ROI for the Manufacturing Division.

Break the Manufacturing Division$$s ROI down using the DuPont formula.

Compute the residual income $($loss$)$ for the Manufacturing Division. A$.$Compute the ROI for the Manufacturing Division.

Note: Round percentage to two decimals.

Return on Investment $\%$

B$.$Break the Manufacturing Division$$s ROI down using the DuPont formula.

Note: Round answers to two decimals.

Manufacturing Division ROI

Profit Margin $\%$

Investment Turnover C$.$Compute the residual income $($loss$)$ for the Manufacturing Division.

Note: Negative amount should be indicated by a minus sign. Round your answer to the nearest dollar amount.

Residual Income