the Western Division of Claremont Company had net operating income of $138,000 and average invested assets of $557,000. Claremont has a required rate of return of 12.50 percent. Western has an opportunity to increase operating income by $48,000 with a $96,000 increase in average invested assets.

Compute Western Divisions return on investment and residual income currently and if it undertakes the project. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answers to the nearest whole dollar.)

The Western Division of Claremont Company had net operating income of $138,000 and average invested assets of $557,000. Claremont has a required rate of return of 12.50 percent. Western has an opportunity to increase operating income by $48,000 with a $96,000 increase in average invested assets. Compute Western Division's return on investment and residual income currently and if it undertakes the project. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34% ). Round your Residual Income (Loss) answers to the nearest whole dollar.)