Exercise 11-12 Evaluating New Investments Using Return on Investment and Residual Income [LO3, LO4] Three dlvisions of Jameson Co. report the following sales and operatina data: Required: 1. Compute the ROI for each division, using the formula stated in terms of margin and turnover, 2. Compute the residual income for each division. 3. Assume that each division is presented with an investment opportunity that would yleid a rate of return of 19%. a. If performance is being measured by ROI, which division or divisions will probably accept the opportunity? b. If performance is being measured by residual income, which division or divisions will probably accept the opportunity