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Shinjuku Corp. of Japan has two regional divisions with headquarters in Kyoto and Tokyo. Selected data on the two divisions follow (in millions of yen,
Shinjuku Corp. of Japan has two regional divisions with headquarters in Kyoto and Tokyo. Selected data on the two divisions follow (in millions of yen, denoted by ): Division Kyoto Tokyo Sales 10,260,000 9,975,000 Net operating income 513,000 1,496,250 Average operating assets 1,710,000 5,700,000 Required: 1. For each division, compute the ROI in terms of margin and turnover. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 0 Answer is complete and correct. Kyoto division 30.00 0 % Tokyo division 26.25 0 % 2. Assume that the company evaluates performance by use 0le and that the minimum required return for any division is 24%. Compute the RI for each division. Kyoto division Tokyo division
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