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EXERCISE 11-6 Contrasting Return on Investment (ROI) and Residual Income L011-1, L011-2 Meiji Isetan Corp. of Japan has two regional divisions with headquarters in
EXERCISE 11-6 Contrasting Return on Investment (ROI) and Residual Income L011-1, L011-2 Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Sales.... Net operating income.. Average operating assets Division Osaka Yokohama $3,000,000 $9,000,000 $210,000 $720,000 $1,000,000 $4,000,000
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