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The following selected data pertain to Coburg Company's furniture division for last year: Sales $4,987,000 Variable costs $3,178,000 Traceable fixed costs $199,000 Average invested capital

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The following selected data pertain to Coburg Company's furniture division for last year: Sales $4,987,000 Variable costs $3,178,000 Traceable fixed costs $199,000 Average invested capital (assets) $8,050,000 Current liabilities $542,000 Required rate of return 16% Marginal tax rate 33% Weighted average cost of capital 13% Calculate the residual income. Calculate the residual income. Residual income e Textbook and Media Calculate the return on investment. ROI % e Textbook and Media Calculate the economic value added. EVA $ e Textbook and Media

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