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4 Meiji Isetan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: 10 Division

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4 Meiji Isetan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: 10 Division points Osaka Yokohama Sales $ 9, 200, 000 $ 22, 000, 000 Net operating income $ 552, 000 $ 1, 760, 000 Average operating assets $ 2, 300, 000 $ 11, 000, 000 eBook Required: 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 Hint division is 13%. Compute the residual income for each division. 3. Is Yokohama's greater amount of residual income an indication that it is better managed? Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 For each division, compute the return on investment (ROI) in terms of margin and turnover. Osaka Yokohama ROI % %

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