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The following selected data pertain to Coburg Company's furniture division for last year: Sales $5,204,000 Variable costs $3,088,000 Traceable fixed costs $582,000 Average invested capital

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The following selected data pertain to Coburg Company's furniture division for last year: Sales $5,204,000 Variable costs $3,088,000 Traceable fixed costs $582,000 Average invested capital (assets) $7,670,000 Current liabilities $453,000 Required rate of return 15% Marginal tax rate 34% Weighted average cost of capital 13% Calculate the residual income. Residual income Calculate the return on investment. ROI % Calculate the economic value added. EVA $

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