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Selected sales and operating data for three divisions of a multinational structural engineering firm are provided below: Sales Average operating assets Net operating income Minimum
Selected sales and operating data for three divisions of a multinational structural engineering firm are provided below: Sales Average operating assets Net operating income Minimum required rate of return Required: Asia Division. Europe North America $ 26,000,000 $28,000,000 $ 39,000,000 6,500,000 910,000 14% 820,000 10% 10,040,000 15,600,000 1,872,000 16% 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.) Asia division Europe division North America division ROI 2. Compute the RI for each division. Asia division Europe division North America division RI
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