Exercise $19-27($Algo$)$ Return on Investment; Residual Income; Economic value added $\backslash (\{\}^\{\backslash$circledR$\}\backslash )[$LO $19-1,19-2,193]$ Heather Smith Cosmetics $($HSC$)$ manufactures a variety of products and is organized into three divisions $($investment centers$)$: soap products, skin lotions, and hair products. Information about the most recent year's operations follows. The information includes the value of intangible assets, including research and development, patents, and other innovations that are not included on HSC$\text{'}$s balance sheet. Were these intangibles to be included in the financial statements $($as they are for Economic value added $\backslash (\{\}^\{\backslash$text $\{\}\}\backslash )),$ the increase in the balance sheet and the increase in after$-$tax operating income would be as given below:Average Total AssetsValue of IntangiblesIntangibles' Effect on Income Required: $1.$ Calculate the return on investment $($ROI$)$ for each division. Note: Round your answers to $2$ decimal places. $($i$.$e$.1234=12\mathrm{.}34\backslash \%)2.$ Calculate the residual income $($RI$)$ for each division. $3.$ Calculate Economic value added $\backslash (\{\}^\{(8)\}\backslash )$ for each division.