Wescott Company has three divisions: A, B, and C. The company has a hurdle rate of 8 percent. Selected operating data for the three divisions are as follows: Division A Division B Division C Sales revenue Cost of goods sold Miscellaneous operating expenses Interest and taxes Average invested assets $1,230,000 $ 1,205,000 1,228,000 892,000 68.000 56,000 2,635,000 4,332,000 760,000 79,000 63,000 885,000 67,000 56,000 Wescott is considering an expansion project in the upcoming year that will cost $6.8 million and return $609,000 per year. The project would be implemented by only one of the three divisions. Required 1. Compute the ROI for each division. (Do not round your intermediate calculations. Round your percentage answer to 2 decimal places, (i.e. 0.1234 should be entered as 12.34%.)) ROI Division A Division B Division C 2. Compute the residual income for each division. (Loss amounts should be indicated by a minus sign.) Residual income Division A Division B Division C 3. Rank the divisions according to the ROI and residual income of each. Rank Division A Division B Division C 4-a compute he return on investment on the proposed expansion pro ect Round your percenta e answer to 2 deci al places 1 4 s o e entered as 234% e Return on Investment of Proposed Expansion Project 4-b. Is this an acceptable project? Yes O No 5. Without any additional calculations, state whether the proposed project would increase or decrease each division's ROL Division A Division B Division C 6. Compute the new ROIl and residual income for each division if the project was implemented within that division. (Loss amounts should be entered with a minus sign. Enter your ROI percentage answers to 2 decimal places, (i.e., 0.1234 should be entered as 12.34%.)) Residual Income (Loss) ROI Division A Division B Division C