D Question 22 2 pts Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the two divisions in 2014: Retail Division Operating Income Operating Assets Wholesale Division $6,000,000 $2,500,000 $16,000,000 $36,000,000 Terra Company has set a target return on investment (ROI) of 15% for both divisions. Based on ROI, which division appears to have performed better? Retail Division Both divisions have the same results Wholesale Division Cannot be determined using the information provided Question 20 2 pts Howard Company reported the following information for Year 2: Sales $ 800,000 Average Operating Assets $ 500,000 Margin 8% The company's return on investment for Year 2 was: 8.00% 12.80% None of the above 16.00% Question 19 2 pts Ormand Organic Grocery has invested in a yogurt stand for its store. The investment cost the company $2,000,000. Variable costs are estimated at $500,000 and fixed costs are estimated at $60,000 a year. If actual sales were $1,000,000 what would be the ROI? 18% 22% 30% 24% None of the above Question 18 2 pts The Western Division of the XYZ Company earned $10,000 of operating income on $200,000 of sales. The Western Division controlled $50,000 of operating assets. XYZ Company has a desired return on investment (ROI) of 18%. The residual income for the Western Division is: $10,000 $1,000 $9,000 $2,000