Exercise 11-12 Evaluating New Investments Using Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Selected sales and operating data for three divisions of different structural engineering firms are given as follows Division A Division C Sales Average operating assets Net operating income Minimum required rate of return Division B $6,000,000 $10,000,000 $9.100,000 $1,200,000 2,500,000 $1,820,000 S 306,000 910,000 $ 213,850 20.00% 36.40% 17.00% Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turmover. (Round your answers to 2 decimal places.) ROI Division A Division B Division C 2 Compute the residual incorme (loss) for each division. (Loss amounts should be indicated by a minus sign. Round your "Required rate of return" to 2 decimal places.) Division B Division c Average operating assets Required rate of return Required operating income Actual operating income Required operating income (above) Residual income (loss)