Selected sales and operating data for three divisions of a multinational structural engineering firm are provided below Dision Sales Average operating assets Net operating income Minimum required rate of return Asia $ 15,000,000 3,750,000 562 500 15% Europe $17,000,000 6,080,000 490,000 North America $ 28,000,000 11,200,000 1,232,000 17% 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.) ROL Asia division Europe division North America division 2. Compute the Rl 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 14% rate of retum a. If performance is being measured by Rol, which division(s) will probably accept the opportunity Reject the opportunity? ROL 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 opportunity? Asia division Europe division North America dmision