REVIEW VIEW . - . . FILE HOME INSERT PAGE LAYOUT FORMULAS DATA Cut Book Antiqua 12 A == e Copy : Paste *Formal Painter TU A E Clipboard Font B1 X fx week #7 Homework Wrap Text Merge Center - Number 5.% Conditional Format as Cell Formatting - Table Styles Styles Insert Delete - Cells Alignment Number Week #7 Homework #2 The Eastern Division of XYZ, Inc. has operating income of $32,000 on sales revenue of $320,000. Divisional operating assets are $160,000, and management of XYZ has determined that a minimum return of 10% should be expected from all investments. a) Using the DuPont model, calculate the Eastern Division's margin, turnover, and ROI. b) Calculate the Eastern Division's residual income. c) Should the Eastern Division accept a project that is expected to achieve a 15% ROI if it is being evaluated using residual income? 1 -- flexible budget 2 -- residual income READY 1 9 P3 x]