Selected sales and operating data for three divisions of a multinational structural engineering firm are provided be Sales Average operating assets Net operating income Minimum required rate of return Division Asia Europe North America $ 21,000,000 $ 23,990,099 $ 34,900,000 5,250,000 8,240,000 13,690,000 682,500 670,000 1,395,600 13% 9% 15% Required: 1. Compute the ROI for each division using the formula stated in terms of margin and turnover (Do not round inter 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 3. Assume that each division is presented with an investment opportunity that would yield a 12% rate of return. a. If performance is being measured by ROI, which division(s) will probably accept the opportunity? Reject the op Asia division Europe division North America division b. If performance is being measured by RI, which division(s) will probably accept the opportunity? Reject the opp RI Asia division Europe division North America division