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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
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 returni Asia Division Europe North America $ 16,000,000 $ 18,000,000 $ 29,000,000 4,000,000 560,000 14% 6,440,000 520,000 10% 11,600,000 1,392,000 16% 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.) Asia division Europe division North America division RO 2. Compute the RI for each division. Asia division Europe division North America division RI
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