Problem 8. Sales, net income, and invested assets for each segment of ABC Company are as follows: Average Invested Sales Net Income Assets Segment A $5,000,000 $550,000 $2,400,000 Segment B 4,800,000 860,000 2,500,000 Segment C 7,000,000 860,000 2,900,000 (a) Calculate the profit margin, investment turnover, and rate of return on investment for each division. Round to two decimal places. (b) Which is the most profitable division? Why. (c) Top management sets target net income at 15% of divisional assets. Calculate residual income for each division