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Meyl Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama Selected data on the two divisions follow Division Sales Net
Meyl Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama Selected data on the two divisions follow Division Sales Net operating income Average rating assets $ $ $ 10,500,000 30,0 3.500. $35,000,000 $ 2,800.00 17.500.000 Required: 1. For each division, compute the return on investment (RO 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 15% 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 Required 2 Required For each division, compute the return on investment (ROI) in terms of margin and turnover Reged 2 > Required 1 Required 2 Required 3 Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 15%. Compute the residual income for each division. Osaka Yokohama esidual income . return for any division is 15%. 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 1 Required 2 Required 3 Is Yokohama's greater amount of residual income an indication that it is better managed? Yes ONO
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