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Selected sales and operating data for three divisions of a multinational structural engineering firm are provided below B. Seles Average operating assets Net operating income
Selected sales and operating data for three divisions of a multinational structural engineering firm are provided below B. Seles Average operating assets Net operating income Minimum required rate of return Division Asia Europe North America $ 16,000,000 $ 18,000,000 $ 29,000,000 4,000,000 6,440,000 11,600,000 520,000 1,392,000 14% 10% 16% 5601008 18 Required: 1. Compute the ROI for each division using the formula stated in terms of margin and turnover. (Do not round intermediate calculations and round your final answers to the nearest whole percent.) ROI % Asia division % Europe division % North America division 2. Compute the RI for each division. RI Asia division Europe division North America division
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