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Consider the following data (in millions) from Trident Financial Inc, which has two main divisions, mortgage loans and consumer loans Average total assets Operating incone
Consider the following data (in millions) from Trident Financial Inc, which has two main divisions, mortgage loans and consumer loans Average total assets Operating incone Return on inves tment (ROI) 644 2,125 23.00% 12.5ex Required: .Based on ROl, which division is more successful? Mortyage loans O Consumer loans divisions What is the RiI for each division if the minnum desired rate of return is (a) 10%, (b) 15%, and (c) 20%, (Leave no cells blank. Enter "0" wherever required. Negative by a minus sign. Enter your answers in millions of dollars, rounded to nearest whole number.) 2. Trident uses residual income (Ri) as a measure of the financial performance of its (a) 110% (b) | 15% (c) 20%
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