Cooking Wares is a division of a major corporation. The following data are for the latest year of operations: Sales - $24, 900,000 Net operating income - 900, 400 Average operating assets - 6,000,000 Corporation's minimum required rate of return - 12% Required: Show necessary calculations. Round answers to two significant digits. Compute the division's margin: Compute the division's turnover: Compute division's return on Investment (ROI): The division president will receive a bonus if divisional ROI it greater than the corporation's ROI target of 12%. Given your answer in part (c). will the division president approve a new project which requires an investment of $300,000 and will have a net operating income of $36,000? Why or why not