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can someone help me on this am i correct so far? Meiji lsetan Corp. of Japan has two regional divisions with headquarters in Osaka and
can someone help me on this am i correct so far?
Meiji lsetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Division Osaka $10,600,000 $36,000,000 $ 742,000 $ 3,240,000 $ 2,650,000 $18,000,000 Yokohama Sales Net operating income Average operating assets Required: 1. For each division, compute the return on investment (ROI) in terms of margin and turnover. (Do not round intermediate calculations. Enter your answers as a percent (i.e., 0.12 should be entered as 12).) Osaka Yokohama ROI 28% 18% 2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 16%. Compute the residual income for each divisionStep by Step Solution
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