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Spring Bulbs operates two divisions, which are treated as investment centres. Data for each division for the current year are as follows (in 000s): Division

Spring Bulbs operates two divisions, which are treated as investment centres. Data for each division for the current year are as follows (in 000s):

Division T Division I
Net income $92,600 $209,400
Total assets $264,000 $893,000

The companys required rate of return is 12%. The president wishes to evaluate the performance of these divisions and is not sure whether to use ROI or RI as the performance measure. Which division performed better based on the ROI and RI performance measures? (Round ROI to 1 decimal place, e.g. 15.2% and RI to 0 decimal places, e.g. 5,275.)

Division T Division I
ROI % %
RI (in 000s) $ $

Performance measures
Based on ROI Division I OR Division T
Based on RI Division T OR Division I

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