QUESTION 4 Selected sales and operating data for three divisions of the Coca Cola Company are given below, Division A Division B Division C Sales GH60,000 GH100,000 GH80,000 Average Operating Assets GH15,000 GH50,000 GH20,000 Net Operating Income GH3,000 GH9,000 GH1,800 Minimum Required Return 15% 18% 12% REQUIRED: (i) Compute the Return on Investment (ROI) for each division using the formula stated in terms of profit margin and asset turnover. 5 marks (ii) Compute the Residual Income (RI) for each division 4 marks (iii)Assume that each division is presented with an investment opportunity that would yield a rate of return of 17% a) If performance is being measured by ROI, which division or divisions will probably accept or reject the opportunity? Give reasons. 3 marks b) If performance is being measured by RI, which division or divisions will probably accept or reject the opportunity? Give reasons. 3 marks