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Coolbrook Company has the following information available for the past year: Sales revenue Cost of goods sold and operating e2. Recalculate ROI and residual income for each division for each independent situation that follows: (Enter your ROI answersd. Coolbrook changes its hurdle rate to 4.76 percent. River Division Stream Division % ROI Residual Income (Loss)

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Average Operating Assets 1080000 1430000 Net operating income 3250001 527000 Minimum Required Rate of Return 6.76% 6.76% ROI

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