Selected sales and operating data for three divisions ofdifferent structural engineering firms are given as follows: Division A Division B Division C 42 Sales $ 5,499,999 9 9,499,999 5 9,599,999 30m: Average operating assets $ 1,686,666 S 4,?66,666 $ 1,?66,666 ' Net operating income $ 243,666 5 TQQ,666 5 148,?56 Minimum required rate of return 14.66% 1?.6636 11.6636 . Required: 1. Compute the return on investment {ROI} for each division using the formula stated in terms of margin and turnover. El 2. Compute the residual income {loss} for each division. Qmk 3. Assume that each division is presented with an investment opportunitythat would yield a 15% rate of return. a. If performance is being measured by ROI, which division or divisions will probably accept or reject the opportunity? EF b. If performance is being measured by residual income, which division or divisions will probably accept or rejectthe opportunity? Print E Complete this question by entering your answers in the tabs below. References Red 1 Red 2 Reg 3A Red 33 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.) 0mm _El__ we _sl__ Req2 >