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M10-9 (Algo) Calculating Return on Investment, Residual Income [LO 10-4, 10-5) Augusta Corp's Golf Division has sales of $198,000, cost of goods sold of $108,000,
M10-9 (Algo) Calculating Return on Investment, Residual Income [LO 10-4, 10-5) Augusta Corp's Golf Division has sales of $198,000, cost of goods sold of $108,000, operating expenses of $33.000, average invested assets of $908,000, and a hurdle rate of 14.25 percent Calculate the Golf Division's return on investment and its residual income (Enter loss amount with a minus sign. Enter your ROI answer as a percentage rounded to two decimal places, 0.0.0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answer to the nearest whole dollar.) Return on investment (ROI) Residual income (L
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