Selected sales and operating data for three divisions of a multinational structural engineering firm are provided below: 15 Division Asia Europe North America Sales $ 14, 000,000 $ 16, 000,000 $ 27,000,000 Average operating assets 3, 500, 000 5, 720,000 10, 800,000 10 Net operating income 525, 000 460,000 972, 000 points Minimum required rate of return 15% 11% 17% 8 01:27:22 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.) ROI Asia division Europe division North America division2. Compute the RI for each division. 15 RI Asia division Europe division North America division 10 points 8 01:26:58 3. Assume that each division is presented with an investment opportunity that would yield a 14% rate of return. a. If performance is being measured by ROI, which division(s) will probably accept the opportunity? Reject the opportunity? ROI Asia division Europe division North America division15 b. If performance is being measured by RI, which division(s) will probably accept the opportunity? Reject the opportunity? RI 10 points Asia division Europe division 8 01:26:41 North America division