Outdoor Express is a large manufacturer of recreational equipment. Performance of the Camping divisi

Outdoor Express is a large manufacturer of recreational equipment. Performance of the Camping division is measured as an investment center because the mangers make all the decisions about investments in operating equipment and space.Following is the financial information of the Camping Division:Average operating Assets $ 2,000,000Current Liabilities: $500,000Operating Income: $ 300,000Required Rate of Return: 12%The company’s weighted average cost of capital is 9% and Tax rate is 30%Required:a. Calculate return on investment for the Camping Divisionb. Calculate the Residual income for the Camping Divisionc. Calculate EVA for the Camping Division