Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B Division Sales $16,200,000 $28,960,000 $26,200,000 Average operating $ 3,240,000 $ 7,240,200 $ 5,240,000 assets Net operating income $ 761,400 463,360 $ 655,000 Minimum required rate of return 7.004 7.58% 12.594 $ Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. 2. Compute the residual income foss) for each division. 3. Assume that each division is presented with an investment opportunity that would yield a 8% rate of return a. If performance is being measured by ROL, which division or divisions will probably accept or reject the opportunity? b. If performance is being measured by residual income, which division or divisions will probably accept or reject the opportunity? Complete this question by entering your answers in the tabs below. Reg 1 Req2 Req3A Req 3B Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Margin Turnover ROI Division 23.50 % Division % 6.40% Division 12.50 % | %