Problem 19-35 Return on Investment; Different Measures for Total Assets [LO 19-1] Ready Products Inc. operates two divisions, each with its own manufacturing facility. The accounting system reports the following data for 2019: Ready estimates the useful life of each manufacturing facility to be 21 years. As of the end of 2019 , the plant for the health care dlvision is 4 years old, while the manufacturing plant for the cosmetics divsion is 6 years old. Each plant had the same cost at the time of purchase, and both have useful lives of 21 years with no salvage value. The company uses straight-line depreclatlon and the depreclation charge is $102,000 per year for each dlvision. The manufacturing facility is the only long-Ilved asset of elther dlvision. Current assets are $328,000 in each division. An Index of construction costs, replacement costs, and liquidation values for the manufacturing facilitles for the period that Ready has been operating is as follows: Required: (Round your answers to 2 decimal places.) 1. Compute return on Investment (ROl) for each division using the historlcal cost of divisional assets (Including current assets) as the Investment base. 2. Compute ROl for each division, Incorporating current-cost estimates as follows: a. Gross book value (GBV) of long-llved assets plus book value of current assets. b. GBV of long-llved assets restated to current cost using the index of construction costs plus book value of current assets. (Do not round intermedlate calculations. Round dollar values to the nearest whole dollar.) c. Net book value (NBV) of long-Ilved assets restated to current cost using the Index of construction costs plus book value of current assets. (Do not round intermedlate calculations. Round dollar values to the nearest whole dollar.) d. Current replacement cost of long-lived assets plus book value of current assets. e. Current liquidation value of long-lived assets plus book value of current assets. Problem 19-35 Return on Investment; Different Measures for Total Assets [LO 19-1] Ready Products Inc. operates two divisions, each with its own manufacturing facility. The accounting system reports the following data for 2019: Ready estimates the useful life of each manufacturing facility to be 21 years. As of the end of 2019 , the plant for the health care dlvision is 4 years old, while the manufacturing plant for the cosmetics divsion is 6 years old. Each plant had the same cost at the time of purchase, and both have useful lives of 21 years with no salvage value. The company uses straight-line depreclatlon and the depreclation charge is $102,000 per year for each dlvision. The manufacturing facility is the only long-Ilved asset of elther dlvision. Current assets are $328,000 in each division. An Index of construction costs, replacement costs, and liquidation values for the manufacturing facilitles for the period that Ready has been operating is as follows: Required: (Round your answers to 2 decimal places.) 1. Compute return on Investment (ROl) for each division using the historlcal cost of divisional assets (Including current assets) as the Investment base. 2. Compute ROl for each division, Incorporating current-cost estimates as follows: a. Gross book value (GBV) of long-llved assets plus book value of current assets. b. GBV of long-llved assets restated to current cost using the index of construction costs plus book value of current assets. (Do not round intermedlate calculations. Round dollar values to the nearest whole dollar.) c. Net book value (NBV) of long-Ilved assets restated to current cost using the Index of construction costs plus book value of current assets. (Do not round intermedlate calculations. Round dollar values to the nearest whole dollar.) d. Current replacement cost of long-lived assets plus book value of current assets. e. Current liquidation value of long-lived assets plus book value of current assets