Chrome File Edit View History Bookmarks Profiles Tab Window Help G Q Wed May 3 10:12 PM M Inbox (162) - bburns10@mail.p x M Question 4 - Chapter 10 Home > C Coolbrook Company has the fo x Course Hero x Homework Help - Q&A from Or x + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... O B D2L Homepage - Pima... Class ACC 212 Ma... Pima Community.. M Inbox (6) - bburns. Pima Community.. Chapter 10 Homework i Saved Help Save & Exit Submit Check my work 4 PA10-1 (Algo) Calculating Return on Investment, Residual Income, Determining Effect of Changes in Sales, Expenses, Invested Assets, Hurdle Rate on Each [LO 10-4, 10-5] 6 points Coolbrook Company has the following information available for the past year: River Division Stream Division eBook Sales revenue $ 1, 202, 000 $ 1, 819, 000 Cost of goods sold and operating expenses 888, 000 1, 293, 000 Print Net operating income $ 314, 000 $ 526, 000 References Average invested assets $ 1, 030, 000 $ 1, 540 , 000 The company's hurdle rate is 6.26 percent. Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. 2. Recalculate ROI and residual income for each division for each independent situation that follows: a. Operating income increases by 9 percent. b. Operating income decreases by 12 percent. c. The company invests $244,000 in each division, an amount that generates $120,000 additional income per division. d. Coolbrook changes its hurdle rate to 4.26 percent. Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Req 2C Req 2D Mc Graw Hill MAY 3 4 Ai SONOS O Ai Live 8Chrome File Edit View History Bookmarks Profiles Tab Window Help G Q Wed May 3 10:13 PM M Inbox (162) - bburns10@mail.p x M Question 4 - Chapter 10 Home > C Coolbrook Company has the fo x Course Hero x Homework Help - Q&A from Or x + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... O B D2L Homepage - Pima... Class ACC 212 Ma... Pima Community... M Inbox (6) - bburns... Pima Community... Chapter 10 Homework i Saved Help Save & Exit Submit Check my work Cost of goods sold and operating expenses non' 888 1 , 243 , 0UU Net operating income $ 314, 000 $ 526, 000 Average invested assets $ 1, 030, 000 $ 1, 540 , 000 The company's hurdle rate is 6.26 percent. 6 points Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. eBook 2. Recalculate ROI and residual income for each division for each independent situation that follows: a. Operating income increases by 9 percent. Print b. Operating income decreases by 12 percent. References c. The company invests $244,000 in each division, an amount that generates $120,000 additional income per division. d. Coolbrook changes its hurdle rate to 4.26 percent. Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Req 2C Req 2D Calculate return on investment (ROI) and residual income for each division for last year. Note: Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.) River Division Stream Division ROI 0.49 % 34. 16 % Residual Income (Loss) $ 249,522 $ 429,596 Req 1 Req 2A > Mc Graw Hill O MAY 3 4 Ai SONOS O Ai Live 8Chrome File Edit View History Bookmarks Profiles Tab Window Help G Q Wed May 3 10:13 PM M Inbox (162) - bburns10@mail.p x M Question 4 - Chapter 10 Home > C Coolbrook Company has the fo x Course Hero x Homework Help - Q&A from Or x + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... O B D2L Homepage - Pima... Class ACC 212 Ma.. Pima Community... M Inbox (6) - bburns... x Pima Community.. Chapter 10 Homework i Saved Help Save & Exit Submit Check my work b. Operating income decreases by 12 percent. c. The company invests $244,000 in each division, an amount that generates $120,000 additional income per division. d. Coolbrook changes its hurdle rate to 4.26 percent. 6 Complete this question by entering your answers in the tabs below. points Req 1 Req 2A Req 2B Req 2C Req 2D eBook Print Recalculate ROI and residual income for each division for the independent situation that follows: Operating income increases by 9 percent. References Note: Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.). Loss amounts should be indicated with a minus sign. Show less River Division Stream Division RO 33.53 % 37.57 % Residual Income (Loss) K Req 2B > Mc Graw Hill O 3 4 Ai SONOS O Ai Live 8Chrome File Edit View History Bookmarks Profiles Tab Window Help G Q Wed May 3 10:13 PM M Inbox (162) - bburns10@mail.p x M Question 4 - Chapter 10 Home > C Coolbrook Company has the fo x Course Hero x Homework Help - Q&A from Or x + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... O B D2L Homepage - Pima... Class ACC 212 Ma.. Pima Community... M Inbox (6) - bburns... x Pima Community.. Chapter 10 Homework i Saved Help Save & Exit Submit Check my work b. Operating income decreases by 12 percent. c. The company invests $244,000 in each division, an amount that generates $120,000 additional income per division. d. Coolbrook changes its hurdle rate to 4.26 percent. 6 Complete this question by entering your answers in the tabs below. points Req 1 Req 2A Req 2B Req 2C Req 2D eBook Print Recalculate ROI and residual income for each division for the independent situation that follows: Operating income decreases by 12 percent. References Note: Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.). Loss amounts should be indicated with a minus sign. Show less River Division Stream Division RO % Residual Income (Loss) Mc Graw Hill O 3 4 Ai SONOS O Ai Live 8Chrome File Edit View History Bookmarks Profiles Tab Window Help G Q Wed May 3 10:13 PM M Inbox (162) - bburns10@mail.p x M Question 4 - Chapter 10 Home > C Coolbrook Company has the fo x Course Hero x Homework Help - Q&A from Or x + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... O B D2L Homepage - Pima... Class ACC 212 Ma.. Pima Community... M Inbox (6) - bburns... x Pima Community.. Chapter 10 Homework i Saved Help Save & Exit Submit Check my work b. Operating income decreases by 12 percent. c. The company invests $244,000 in each division, an amount that generates $120,000 additional income per division. d. Coolbrook changes its hurdle rate to 4.26 percent. 6 Complete this question by entering your answers in the tabs below. points Req 1 Req 2A Req 2B Req 2C Req 2D eBook Print Recalculate ROI and residual income for each division for the independent situation that follows: The company invests $244,000 in each division, an amount that generates $120,000 additional income per division. References Note: Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.). Round your "Residual Income (Loss)" answer to the nearest whole dollars. Loss amounts should be indicated with a minus sign. Show less River Division Stream Division ROI % Residual Income (Loss) Mc Graw Hill O 3 4 Ai SONOS O Ai Live 8Chrome File Edit View History Bookmarks Profiles Tab Window Help G Q Wed May 3 10:13 PM M Inbox (162) - bburns10@mail.p x M Question 4 - Chapter 10 Home > C Coolbrook Company has the fo x Course Hero x Homework Help - Q&A from Or x + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... O B D2L Homepage - Pima... Class ACC 212 Ma... x Pima Community... M Inbox (6) - bburns... Pima Community.. Chapter 10 Homework i Saved Help Save & Exit Submit Check my work b. Operating income decreases by 12 percent. c. The company invests $244,000 in each division, an amount that generates $120,000 additional income per division. d. Coolbrook changes its hurdle rate to 4.26 percent. 6 Complete this question by entering your answers in the tabs below. points Req 1 Req 2A Req 2B Req 2C Req 2D eBook Print Recalculate ROI and residual income for each division for the independent situation that follows: Coolbrook changes its hurdle rate to 4.26 percent. References Note: Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.). Loss amounts should be indicated with a minus sign. Show less River Division Stream Division RO % % Residual Income (Loss) Mc Graw Hill O 3 4 Ai SONOS O Ai Live 8