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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,

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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, 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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