+ 100% 112 Fund. of managerial Accounting ACCT 2321 IN CLASS ASSIGMENT (10 Marks) - 2 Questions (5 Marks each) 21: Provide the missing data in the following table for a distributor of martial arts products: Division Bravo Alpha $ ? $ ? $900,000 4% Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) $12,500,000 $1,020,000 Charlie $ ? $310.000 $ ? 7% ? 14% 6 ? ? 20% ? 22: Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Sales Net operating income Average operating assets Division Osaka Yokohama $4.000.000 $10,000,000 $210,000 $720,000 $1,000,000 $4,000,000 Required: 1. For each division, compute the return on investment (ROI) in terms of margin and turnover. Where necessary, carry computations to two decimal places, 2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 15%. Compute the residual income for each division 3 Is Yokohama's greater amount of residual income an indication that it is better managed? Explain