ChapterTJ ASSIGIICNT meip Save &LAT Check my work 4 Consider the following data (in millions) from Trident Financial Inc., which has two main divisions, mortgage loans and consumer loans: Consumer Mortgage Loans Loans 0.22 Average total assets Operating income Return on investment (ROI) $1,600 $22,500 points $ 2,700 324 20.25% 12.00% eBook Required: 1. Based on ROI, which division is more successful? References Mortgage loans Consumer loans eBook 2. Trident uses residual income (RI) as a measure of the financial performance of its divisions. What is the RI for each division if the minimum desired rate of return is (a) 10%, (b) 15%, and (c) 20%? (Leave no cells blank. Enter "O" wherever required. Negative amounts should be indicated by a minus sign. Enter your answers in millions of dollars, rounded to nearest whole number.) References Residual Income (RI) Mortgage Loans Consumer Loans (a) 10% |(b) 15% (c) 20%