Selected sales and operating data for 2 segements of the bakery are given as follows: Sales Average operating assets Net operating income Minimum required rate of return $ $ $ Cookies 12,440,000 3,110,000 547,360 10.008 $ $ $ Cakes 35,550,000 7,110,000 639,900 10.508 Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margir and turnover. 2. Assume that each division is presented with an investment opportunity that would yield a 11% rate o return. a. Performance is being measured by ROI, which segment or segments will probably accept or reject the opportunity? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Compute the return on investment (ROI) for each division using the formula stated in terms of margin and round intermediate calculations, Round your answers to 2 decimal places.) Margin Turnover ROI m LO 1, 2, & 3 A Saved Help Save & Exit Assume that each division is presented with an investment opportunity that would yield a 11% eturn. Performance is being measured by ROI, which segment or segments will probably accept or ne opportunity? Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Assume that each division is presented with an investment opportunity that would yield a 11% ratec is being measured by ROI, which division or divisions will probably accept or reject the opportunity? Division A Division B