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Adan.Company has operating assets of $19,400,000. The company's operating income for the most recent accounting period was $2,730,000. The Darnica Division of Adams controls $7,090,000 of the company's assets and earned $1,250,000 of its operating income. Adams's desired ROI is 9 percent. Adams has $1,130,000 of additional funds to invest. The manager of the Dannica division believes thot his division could earn $146,000 on the additional funds. The highest investment opportunity to any of the company's other divisions is 10 percent. Required a. Calculate the ROI of Dannica Division. (1) Before investment opportunity. (2) Only on the new investment opportunity. (3) Dannica total ROI if irvestment opportunity is accepted. c. Calculate the Dannica Division residual income from the new investment opportunity. If residual income is used as the sole. performance measure. would the maneger of the Darnica Divislon be likely to accept or reject the additional funding? Complete this question by entering your answers in the tabs below. Calculate the ROI of Dannica Division. Note Round your percentage answers to 2 decamal places. (t.e., 0.2345 should be entered as 23,45 ). (1) Before investment opportunity. (2) Only on the new investment opportunity. (3) Dannica total Rol if investment opportunity is accopted. Adams Company has operating ossets of $19,400.000. The compary's operating income for the most recent occounting period was $2730.000 The Dannica Division of Adams controls $7,090,000 of the company's assets and earned $1,250,000 of Its operating income. Adams's desired ROl is 9 percent. Adams has $1,130,000 of additional funds to invest. The manoger of the Dannica division belleves that his division could eam $146,000 on the additonal funds. The highest imvestment opportunity to any of the company's other divisions is 10 percent. Required a. Colculate the ROI of Dannico Division. (i) Before investment opgortunity. (2) Only on the new investment opportunity. (3) Dannica total ROI if investment opportunity is accepted. c. Calculate the Dannica Division residual income from the new investment opportunily if residuat income is used as the sole performance measure, would the manager of the Dannica Division be likely to accept or reject the additional funding? Complete this question by entering your answers in the tabs below. Calcuiate the Dannica Division residual income from the new investment opportunity. If residusl incorre is used as the sole performance measure would the manager of the Dannica Division be likely to accept or reject the additional funding

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