Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Sales Average operating assets Net operating income Minimum required rate of return Division A $5,500,000 $1,100,000 $ 253,000 15.00% Division B $9,500,000 $4,750,000 $ 817,000 17.20% Division C $8,600,000 $1,720,000 $ 159,100 12.00% Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. (Round your answers to 2 decimal places.) Margin ROI Division A Division B Division C Turnover times times times % 2. Compute the residual income (loss) for each division. (Loss amounts should be indicated by a minus sign. Round your "Required rate of return" to 2 decimal places.) Division A Division B Division C % % Average operating assets Required rate of return Required operating income Actual operating income Required operating income (above) Residual income (loss) T L 3. Assume that each division is presented with an investment opportunity that would yield a 17% rate of return. a. If performance is being measured by ROI, which division or divisions will probably accept or reject the opportunity? Division A Division B Division C