Exercise 24-9 (Algo) Return on investment analysis LO A1 A growing chain is trying to decide which store location to open. The first location (A) requires a $500,000 investment in average assets and is expected to yield annual income of $80,000. The second location (B) requires a $200,000 investment in average assets and is expected to yield annual income of $44,000. (1) Compute the expected return on investment for each location. (2) Using return on investment, which location (A or B) should the company open? Complete this question by entering your answers in the tabs below. Compute the expected return on investment for each location. Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] A manufacturer reports the following for two of its divisions for a recent month. Exercise 24-13 (Algo) Residual income LO A1 Assume that each of the company's divisions has a target income at 7% of average assets. Compute residual income for each division