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 $ 9,500,000 25,000,000 Sales Net operating income Average operating assets $855,000 2,750,000 $2,375,000 $12,500,000 Required: 1. For each division, compute the retum on investment (ROl) in terms of margin and tumover. (Do not round intermediate calculations) Osaka Yokohama ROI 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 Osaka Yokohama Average operating assets Net operating income Minimum required return Residual income