Campers Company has assembled the following data for one of its divisions for the past year: Division A Sales $20500 Operating income 3500 Average operating assets 5250 Minimum Required Rate of Return 19% Required: Calculate the margin for this division. Round your answer to two decimal places. ie. 00.00 (1 mark) Your Answer: Answer Question 3 (2 points) PART 1 Rainy Days Inc. has assembled the following data for one of its divisions for the past year. Division B Sales $350,000 Variable expenses 25% of sales Fixed expenses $200,000 Average operating assets $250.000 Current return on investment 25.0% Minimum Required Rate of Return 19.5% Required: Calculate the residual income for Division B Enter your answer below with no dollar sign, no comma and round to the nearest dollar (2 marks) PART 2 Assume the manager of Division B at Rainy Days Inc. has an investment opportunity with a rate of return (ROR) of 24%. Required: Using the information from PART 1 above, state whether the manager would accept or reject this investment opportunity, and why, if: a. The manager is being evaluated based on return on investment (ROI). (2 marks) b. The manager is being evaluated based on residual income (RI). (2 marks)