Thornton Corporation operates three investment centers. The following financial statements apply to the investment center named

Bowman Division.

Required

c$.$ Calculate the ROI for Bowman.

d$.$ Thornton has a desired ROI of $10$ percent. Headquarters has $$95,000$ of funds to assign to its investment centers. The manager of

the Bowman Division has an opportunity to invest the funds at an ROI of $12$ percent. The other two divisions have investment

opportunities that yield only $11$ percent. Calculate the new ROI for Bowman division, if the investment opportunity is adopted by

Bowman.

e$.$ Based on the original data, calculate the original residual income. Also, calculate the new residual income based on information

provided in Requirement $d.$

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Thornton has a desired ROI of $10$ percent. Headquarters has $$95,000$ of funds to assign to its investment centers. The

manager of the Bowman Division has an opportunity to invest the funds at an ROI of $12$ percent. The other two divisions have

investment opportunities that yield only $11$ percent. Calculate the new ROI for Bowman division, if the investment opportunity

is adopted by Bowman. $($Round your answer to $2$ decimal places. $($i$.$e$.,0\mathrm{.}2345$ should be entered as $23\mathrm{.}45).)$

Show less A Thornton Corporation operates three investment centers. The following financial statements apply to the investment center named

Bowman Division.

Required

c$.$ Calculate the ROI for Bowman.

d$.$ Thornton has a desired ROI of $10$ percent. Headquarters has $$95,000$ of funds to assign to its investment centers. The manager of

the Bowman Division has an opportunity to invest the funds at an ROI of $12$ percent. The other two divisions have investment

opportunities that yield only $11$ percent. Calculate the new ROI for Bowman division, if the investment opportunity is adopted by

Bowman.

e$.$ Based on the original data, calculate the original residual income. Also, calculate the new residual income based on information

provided in Requirement $d.$

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Required $E$

Based on the original data, calculate the original residual income. Also, calculate the new residual income based on

information provided in Requirement $d.($Round your final answer to nearest whole dollar.$)$Thornton Corporation operates three investment centers. The following financial statements apply to the investment center named

Bowman Division.

Required

c$.$ Calculate the ROI for Bowman.

d$.$ Thornton has a desired ROI of $10$ percent. Headquarters has $$95,000$ of funds to assign to its investment centers. The manager of

the Bowman Division has an opportunity to invest the funds at an ROI of $12$ percent. The other two divisions have investment

opportunities that yield only $11$ percent. Calculate the new ROI for Bowman division, if the investment opportunity is adopted by

Bowman.

e$.$ Based on the original data, calculate the original residual income. Also, calculate the new residual income based on information

provided in Requirement $d.$

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Calculate the ROI for Bowman. $($Round your answer to $2$ decimal places. $($i$.$e$.,0\mathrm{.}2345$ should be entered as $23\mathrm{.}45).)$