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Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: DivisionOsakaYokohamaSales$ 9 , 4
Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: DivisionOsakaYokohamaSales$ $ Net operating income$ $ Average operating assets$ $ Required:For each division, compute the return on investment ROICompute the residual income for each division assuming the companys minimum required rate of return is Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Division Osaka Yokohama Sales $ ?$ ?Net operating income $ ?$ ?Average operating assets $ ?$ ?Required: For each division, compute the return on investment ROI ?Compute the residual income for each division assuming the companys minimum required rate of return is
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