The Following Information Is Available About the Charger Division of Weston

Essay

The following information is available about the Charger Division of Weston Company.Weston requires a return of 8% from all divisions. $$\begin{array} { | l | l | } \hline \text { Charger Division Earnings from operations } & \$ 12,854,000 \\\hline \text { Charger Division Sales } & \$ 92,500,000 \\\hline \text { Charger Division Identitiable Assets } & \$ 156,000,000 \\\hline\end{array}$$ Required:
(use four decimal places in you calculation)
a.Compute the ROI for the Charger Division.b.Compute the residual income for the Charger Division.