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5 Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama Selected data on the two divisions follow (in millions

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5 Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama Selected data on the two divisions follow (in millions of yen, denoted by ) Sales Net operating Income Average operating assets Division Osaka Yokohama 6,280,000 Y 12,960,000 377.000 1,166,400 1,300,000 4,320,000 1748 Required: 1. For each division compute the ROI in terms of margin and turnover (Do not round intermediate calculations and round your final answers to 2 decimal places.) ROL Osaka division Yokohama division 2. Assume that the company evaluates performance by use of Rl and that the minimum required return for any division is 25% Compute the Ri for each division RI Osaka division Yokohama division 3. Is Yokohama's Rian indication that it is better managed than Osako? Yes No

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