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Selected sales and operating data for three divisions of a multinational structural engineering firm are provided below: Division Europe North America Asia Sales $20,000,000 22,000,000

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Selected sales and operating data for three divisions of a multinational structural engineering firm are provided below: Division Europe North America Asia Sales $20,000,000 22,000,000 33,000,000 Average operating assets 5,000,000 7.880.000 13.200.000 700,000 640,000 1.452.000 Net operating income 16% Minimum required rate of return 14% 10% 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

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