The western division of claremont company had net operating


The Western Division of Claremont Company had net operating income of $154,000 and average invested assets of $563,000. Claremont has a required rate of return of 14.75 percent. Western has an opportunity to increase operating income by $49,000 with a $96,000 investment in assets.

Compute Western Division’s return on investment and residual income currently and if it undertakes the project. (Round "ROI" answer to 2 decimal places.)

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Financial Accounting: The western division of claremont company had net operating
Reference No:- TGS01595100

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