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The following information is available about the status and operations of the Manufacturing Division of Taylor Company, which has a hurdle rate of 6%. Divisional

The following information is available about the status and operations of the Manufacturing Division of Taylor Company, which has a hurdle rate of 6%.

Divisional identifiable average assets

$411,637

Divisional income from operations

$18,924

Divisional sales revenue

$368,363

a. Compute the ROI for the Manufacturing Division. b. Break the Manufacturing Division ROI down using the DuPont formula. c. Compute the residual income for the Manufacturing Division.

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