the answers provided when previously posted are incorrect.

Consider the following data, which relate to the two divisions of Penny Worth Products: Division 1 Division 2 Total assets $69,400,000 $23,000,000 Noninterest-bearing current liabilities 4,510,000 2,320,000 NOPAT 11,300,000 5,880,000 Required rate of return 11% 10% Compare the two divisions in terms of return on investment and residual income. In the past year, which division has created the most wealth for Penny Worth shareholders? (Round ROI to 2 decimal place, e.g. 0.25. Enter negative answers preceding either - sign, e.g. -45 or in parentheses, e.g. (45).) Division 1 Division 2 ROI 17 28 Residual income/EVA 3666000 3580000