Swift Company has three divisions and expects each division to earn a 16% target rate of return. The company had the following results last year: (Click the icon to view the results.) Division 3 reported the following data: (Click the icon to view the Division 3 data.) Read the requirements. Begin by computing Division 3's profit margin ratio. (Enter the profit margin ratio as a percentage rounded to one decimal place, X.X%.) = Profit margin ratio % Now compute Division 3's asset turnover ratio. (Enter the asset turnover ratio in decimal form to three decimal places, X.XXX.) = Asset turnover ratio Next, compute Division 3's ROI. (Enter any previously calculated amounts in the same format as you previously entered them. Enter the ROI as a percentage rounded to one decimal place, X.X%.) % = ROI % than the 16% target rate of return. Division 3's profit margin ratio is efficient than Division 2. than the other two divisions. Additionally, the asset turnover ratio is than Division 1's and than Division 2's. This means that Division 3 Division 3 meeting top management's expectations. Its ROI is generating sales from its average total assets as efficiently as Division 1 and Division 3 is Division management Requirement 2. Compute and interpret Division 3's RI. First, compute Division 3's RI. (Use parentheses or a minus sign for a negative RI.) The = RI % RI confirms the ROI results: The division meeting management's target rate of return. Requirement 3. What can you conclude based on the financial performance KPIs? Both investment center financial performance KPIs point to the same conclusion: Division 3 financial performance measures tend to be lag indicators-measuring the results of decisions made in the past. The division's manager may currently be implementing new initiatives to the right direction. meeting financial expectations. Top management's and stakeholders' expectations are the division is Recall, however, that the division's future profitability. Lead indicators should be used to project whether such initiatives are pointing the division in