Exercise 19-27(Algo) Return on Investment; Residual Income; EVA [O 19-1,19-2,19-3] Heather Smith Cosmetics...
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Exercise Algo Return on Investment; Residual Income; EVA O Heather Smith Cosmetics HSC manufactures a variety of products and is organized into three divisions investment centers: soap products, skin lotions, and hair products. Information about the most recent year's operations follows. The information includes the value of intangible assets, including research and development, patents, and other innovations that are not included on HSCs balance sheet. Were these intangibles to be included in the financial statements as they are for the increase in the balance sheet and the increase in aftertax operating income would be as given below: Required: Calculate the return on investment ROI for each division. Round your answers to decimal places. ie Calculate the residual income RI for each division. Calculate for each division. 
Exercise Algo Return on Investment; Residual Income; EVA O
Heather Smith Cosmetics HSC manufactures a variety of products and is organized into three divisions investment centers: soap
products, skin lotions, and hair products. Information about the most recent year's operations follows. The information includes the
value of intangible assets, including research and development, patents, and other innovations that are not included on HSCs balance
sheet. Were these intangibles to be included in the financial statements as they are for the increase in the balance sheet and
the increase in aftertax operating income would be as given below:
Required:
Calculate the return on investment ROI for each division. Round your answers to decimal places. ie
Calculate the residual income RI for each division.
Calculate for each division.
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