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The Western Division of Claremont Company had net operating income of $147,000 and average invested assets of $559,000. Claremont has a required rate of return

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The Western Division of Claremont Company had net operating income of $147,000 and average invested assets of $559,000. Claremont has a required rate of return of 14.50 percent. Western has an opportunity to increase operating income by $33,000 with a $88,000 investment in 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.) Proposed Project Current Return on Investment (ROI) % % Residual Income (Loss)

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