Ferris Ltd. of Australia has two divisions, one in Perth and one in Darwin. Selected data on the two divisions follow: Division 12,560,000 34,200,000 628,0002,052,000 Perth Darwin Sales Operating income Average operating assets 3,140,000 11,400,000 Required: 1. Compute the ROl for each division. Perth Darwin ROI 2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 16%. Compute the residual income for each division PerthDarwin Residual income