Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Division Osaka Yokohama Sales Net operating income $ 9,400,000 24,000,000 $ 752,000 2,400,000 Average operating assets 2,350,000 8,000,000 Required 1. For each division, compute the return on investment (ROI) in terms of margin and turnover 2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 18%. Compute the residual income for each division. 3. Is Yokohama's greater amount of residual income an indication that it is better managed? Complete this question by entering your answers in the tabs below Required 1Required 2 Required3 For each division, compute the return on investment (ROI) in terms of margin and turnover Osaka Yokohama ROI Required 1 Required 2> Next>