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Warren Company has two divisions with the following results: 0:58:23 Sales revenue Divisional expenses Segment income Average invested assets Ashland $ 448,000 $ 268,eee $

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Warren Company has two divisions with the following results: 0:58:23 Sales revenue Divisional expenses Segment income Average invested assets Ashland $ 448,000 $ 268,eee $ 180,000 $1,180,000 Erie $1,180, eee $ 848,000 $ 348,000 $3,980,000 Book Warren Company has a hurdle rate of 11.8%. a. Calculate the return on investment for each division (Round your answers to 2 decimal places.) Return on investment Ashland Erie Check my work b. Break each division's return on investment down into its component parts using the DuPont method. (Round your profit margin to 2 decimal places and investment turnover to 3 decimal places.) - Profit margin Investment Turnover Ashland Ene c. Calculate the residual income for each division (Negative amounts should be indicated by a minus sign.) Residual Income Ashland Erio

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