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Solution Please. Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow (in

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Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow (in millions of yen, denoted by ): Sales Net operating income Average operating assets Division Osaka Yokohama * 1,500,000 Y 3,600,000 105,300 288,000 818,000 2, 700, 890 Required: 1. For each division, compute the ROI in terms of margin and turnover. (Do not found intermediate calculations and round your final answers to 2 decimal places.) ROI Osaka division Yokohama division 2. Assume that the company evaluates performance by use of RI and that the minimum required return for any division is 8%. Compute the Rl for each division. RI Osaka division Yokohama division 2. Assume that the company evaluates performance by use of Rl and that the minimum required return for any division is 8%. Compute the Rl for each division. Osaka division Yokohama division 3. Is Yokohama's RI an indication that it is better managed than Osaka? Yes O No

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