4 20 points Since 1981, family-owned Southern Tool has grown into the ultimate destination for hard working do-it-yourselfers and professionals. Southern Tool Corporation has two divisions: Hand Tools and Power Tools. Selected financial information for the two divisions follow: Division Power Tool Hand Tool 03:20:24 Sales Net operating income $ 10,100,000 $ 31,000,000 808,000 Average operating assets $ 2,525,000 $ $ 3,100,000 $ 15,500,000 Skipped Required: eBook 1. For each division, compute the return on investment (ROI) in terms of margin and turnover. 2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 17%. Compute the residual income for each division. 3. Is the Power Tool Division's greater amount of residual income an indication that it is better managed? Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 References For each division, compute the return on investment (ROI) in terms of margin and turnover. ROI Hand Tool Power Tool % % < Required 1 Required 2 >