t Meiji Isetan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Sales Net operating income Average operating assets Required: Osaka Division $ 9,800,000 Yokohama $ 28,000,000 $ 588,000 $ 2,450,000 $ 2,240,000 $ 14,000,000 1. For each division, compute the return on investment (ROI) in terms of margin and turnover. 2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 14%. Compute the residual income for each division. 3. Is Yokohama's greater amount of residual income an indication that it is better managed? Complete this question by entering your answers in the tabs below. nces Required 1 Required 2 Required 3 For each division, compute the return on investment (ROI) in terms of margin and turnover. ROI Osaka Yokohama % % Meiji Isetan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: ok ht nt Sales Net operating income Average operating assets Required: Osaka Division $ 9,800,000 Yokohama $ 28,000,000 $ 588,000 $ 2,240,000 $ 2,450,000 $ 14,000,000 1. For each division, compute the return on investment (ROI) in terms of margin and turnover. 2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 14%. Compute the residual income for each division. 3. Is Yokohama's greater amount of residual income an indication that it is better managed? Complete this question by entering your answers in the tabs below. rences Required 1 Required 2 Required 3 Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 14%. Compute the residual income for each division. Residual income Osaka Yokohama + < Required 1 Required 3 > Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Sales Average operating assets Net operating income Property, plant, and equipment (net) Division Queensland $ 1,080,000 $ 600,000 New South Wales $ 2,385,000 $ 530,000 $ 83,475 $ 70,200 $ 241,000 $ 191,000 Required: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. 2. Which divisional manager seems to be doing the better job? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Margin Turnover Queensland division % New South Wales division % ROI % % < Required 1 Required 2 >