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 $ 7,000,000 1,750 000 262,500 15% Europe 5 9.000.000 3,220,000 260.000 11% North America $ 20,000,000 8,000,000 640,000 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.) ROI Asia division Europe division North America division % % % 2. 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 division