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Exercise 11-6 (Algo) Contrasting Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Tan Corporation of Japan has two regional divisions with headquarters in Osaka

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Exercise 11-6 (Algo) Contrasting Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Division Osaka Yokohama Sales $ 9, 400, 000 $ 24, 000, 000 Net operating income $ 752 , 000 $ 2, 400, 000 Average operating assets $ 2, 350, 000 $ 8, 000, 000 Required: 1. For each division, compute the return on investment (ROI). 2. Compute the residual income for each division assuming the company's minimum required rate of return is 18%. Complete this question by entering your answers in the tabs below. Required 1 Required 2 For each division, compute the return on investment (ROI). Osaka Yokohama ROI Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the residual income for each division assuming the company's minimum required rate of return is 18%. Osaka Yokohama Residual income Required 1 Required 2 >

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