The Following Information Is Available About the Appliance Division of Rainier

question 58

Essay

The following information is available about the Appliance Division of Rainier Company.
Rainier requires a return of 9% from all divisions.
$$\begin{array} { l c } \text { Appliance Division Earnings from Operations } & \$ 18,462,000 \\\text { Appliance Division Sales } & \$ 112,600,000 \\\text { Appliance Division Identifiable Assets } & \$ 173,700,000\end{array}$$
Required:
a. Compute the ROI for the Appliance Division.
b. Compute the residual income for the Appliance Division.

---

Definitions:

Spine

The flexible column of vertebrae that extends from the base of the skull to the tailbone, providing structural support and protecting the spinal cord.

Take Blood Pressure

The process of measuring the force of blood pushing against the walls of the arteries, which helps in diagnosing and monitoring cardiovascular health.

Glasgow Coma Scale

A clinical scale used to assess the consciousness level of a person following a head injury.

Opens Eyes

Describes the voluntary or reflex action of eyelid movement, resulting in the eyes being exposed to the environment or stimuli.