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Please complete all questions (5 answers total) and I will upvote. thanks! Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka
Please complete all questions (5 answers total) and I will upvote. thanks!
Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow (in millions of yen, denoted by ): Sales Net operating income Average operating assets Division Osaka Yokohama \ 4,500,000 13,500,000 315,000 1,080,000 1,500,000 6,000,000 Required: 1. For each division, compute the ROI in terms of margin and turnover. (Do not round intermediate calculations.) ROI % Osaka division Yokohama division % 2 Assume that the company evaluates performance by use of Rl and that the minimum required return for any division is 15%. Compute the RI for each division. RI Osaka division Yokohama division 3. Is Yokohama's RI an indication that it is better managed than Osaka? YesStep by Step Solution
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