CHAPTER 28 QUIZ Problem 2 Hartz Industries has three divisions as follows: Retail Income From Operations 5,400,000 Invested Assets 30,000,000 Commercial 6,250,000 25,000,000 Internet 1,800,000 12,000,000 Return on Investment Expected Income From Operations Residual Income The company expects a rate on assets of 9% Required Calculate the return on investment for all three divisions Calculate the expected income from operations for all three divisions Calculate the residual income for all three divisions Which division has the best results? Explain your answer using your numbers Which division performed the best? Explain your answer using your numbers