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View Policies Current Attempt in Progress Northern Pride Inc., a diversified company, operates four departments. The company has collected the following departmental information for 2020:
View Policies Current Attempt in Progress Northern Pride Inc., a diversified company, operates four departments. The company has collected the following departmental information for 2020: Department Sales Cost of Goods Sold Operating Expenses Current Investment 1 $ 196,000 $ 147,000 $ 16,415 $ 171,500 2 88.200 34,300 23,030 205,800 3 1,470.000 1,149.540 201,880 1,078,000 4 1.225.000 735,000 270,480 1.372.000 Calculate return on investment and rank department performances. (Round answers to O decimal places, eg. 10%.) Calculate return on investment and rank department performances. (Round answers to 0 decimal places, eg. 10%.) Department ROI Rank 1 % 2 % V 3 % V 4 96 Calculate residual income and rank department performances. Assume that the company requires a minimum return on the current investment of 5%. Department RI Rank 1 $ V 2 $ 3 $ 4 $
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