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Selected sales and operating data for three divisions of a multinational structural engineering firm are provided below. Division Sales Average operating assets Net operating
Selected sales and operating data for three divisions of a multinational structural engineering firm are provided below. Division Sales Average operating assets Net operating income Minimum required rate of return Asia $14,000,000 $ 16,000,000 $27,000,000 3,500,000 525,000 15% Europe North Americal 5,720,000 460,000 10, , 11% 17200 173 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 ROI 2. Compute the RI for each division. Asia division Europe division North America division Ri
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