Selected sales and operating data for three divisions of different structural engineering firms are given as follows: 4. Sales average operating asseta Net operating income Minimum required rate of return Division $12,480,000 $ 3,120,000 $ 562,600 Division 3 $ 29,480,000 $ 7,120,000 $ 512,640 8.504 Division c $ 20,480,000 $ 5,120,000 $ 532,480 10.400 10 Doints BOOK Required: 1. Compute the return on investment (Ron for each division using the formula stated in terms of margin and turnover. 2. Compute the residual income (oss) for each dision 3. Assume that each division is presented with an investment opportunity that would yield a 9% rate of return a. If performance is being measured by ROI, 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? Heferences Complete this question by entering your answers in the tabs below. Reg1 Reg 2 Reg 3A Reg 38 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 A Division Division Me Graw HIN Mc Graw IHIN