Exercise 9-12 Evaluating New Investments Using Return on Investment (ROI) and Residual Income [LO9-1, LO9-2] Selected sales and operating data for three divisions of different structural engineering firms are given as follows Division A Division C Division B $12,000,000 $14,000,000 $25,000,000 $ 3,000,000 $ 7,000,000 $5,000,000 Sales Average operating assets Net operating income Minimum required rate of return $ 600,000 $ 560,000 800,000 14% 10% 16% Required 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. (Round your Turnover answers to 1 decimal place. Round your Margin and ROl percentage answers to 1 decimal place (i.e., 0.123 should be entered as 12.3.).) Margin ROI Turnover DivisionA DivisionEB Division 2. Compute the residual income (loss) for each division. (Round your Rate of Return answers to the nearest whole percentage (i.e., 0.12 should be entered as 12). Loss amounts should be indicated by a minus sign.) Division A Division B DivisionC Average operating assets Required rate of return Required operating income Actual operating income Required operating income (above) Residual income (oss)