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The following selected data pertain to Coburg Company's furniture division for last year: Sales Variable costs Traceable fixed costs Average invested capital (assets) Current liabilities

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

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