Glady Global Tourism Transportation and Transhipments have 3 lines of business (a) Retail Tourism (b) Goods Transhipments (c) Local Transport of people and goods. Company has a centralized treasury for raising capital and their capital providers expect 3% returns more than their capital cost of 15%.

Company is in a tax bracket of 25%

Rank the Lines of Business in terms of Economic returns:

(a) Tourism : Direct cost : 60% of the sales, Fixed cost - $1.8 Billion for a revenue of $5 billion and asset base of $3 Billion

(b) Transhipment: EBIT Margin of 35% and an Asset productivity of 0.6 times

(c) Transportation: ROI of 24%

Which one is the correct option?

1. Transhipment-Transportation-Tourism

2. Transportation-Transhipment-Tourism

3. Transportation-Tourism-Transhipment

4. Tourism-Transhipment-Transportation