and Yokohama Melji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka follow: data on the two divisions Sales Net operating income Average operating assets Division Osaka Yokohama $ 10,100,000 $ 31,000,000 $ 800,000 $ 3,100,000 $ 2,525,000 $ 15,500,000 a Required: 1. For each division, compute the return on investment (ROI) in terms of m 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 Yokohama's greater amount of residual income an indication that r managed Complete this question by entering your 3 Required 1 Required 2 Required 3 E For each division, compute the return on investr Osaka Yokohama ROI Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Sales Division Osaka Yokohama $ 10,100,000 $ 31,000,000 $ 808,000 $ 3,100,000 $ 2,525,000 $ 15,500,000 Net operating income Average operating assets 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 division is 17%. Compute the residual income for each division 3. Is Yokohama's greater amount of residual income an indication that it is better managed? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 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. Osaka Yokohama Residual income