The following information is available for Company X: What is Company X\'s residual income? (Ignore Tax) The following information is available for Company X: What is Company X\'s return on investment (ROI)? (Ignore Tax) The following information was presented by Delta Manufacturing Company for an asset purchased the previous year. What is the return on investment (ROI) assuming Delta (a) uses the straight-line method for depreciation and (b) beginning-of-year net book values to compute ROI? (Round your final answer to 2 decimal places.) Solution 1) net income = 60000 - 57000 = 3000 minimum reuired = 60000 * 0.08 =4800 residual income = 4800 - 3000 = 1800 2) net income = 65000 - 60450 = 4550 ROI = 4550/35000 = 13% 3) ROI = 23400/90000 = 26% .