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Meija Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Osaka Yokohama Sales

Meija Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow:

Osaka

Yokohama

Sales

$3,000,000

$9,000,000

Net Operating Income

$210,000

$720,000

Average Operating Assets

$1,000,000

$4,000,000

Which one of the statements is false?

Group of answer choices

Yokohama's profit margin is 7%

Osaka 's asset turnover is 3

Yokohama's asset turnover is 2.25

Osaka's return on assets is 21%

Yokohama's return on assets is 18%

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