Question 27 There are three divisions in Company Z. Here are their operating results: Division 1 Division 2 Division 3 Operating Income $1,000 $1,200 $1,600 Average Operating Assets (invested capital) $4.000 $6,000 $15,000 Sales $10,000 $12.000 $16,000 Cost of Capital is 12% for this company (this is the cost of their money, the debt and equity they need to finance their business) Which division of company Z is the top performer? Division 2 All of the divisions performed equally Division 3 O Division 1