Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow:

Division

OsakaYokohama

Sales$ 9,200,000$ 22,000,000

Net operating income$ 552,000$ 1,760,000

Average operating assets$ 2,300,000$ 11,000,000

Required:

1. For each division, compute the return on investment (ROI).

2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 13%. Compute the residual income for each division.

Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two d follow: 1. For each division, compute the return on investment (RO). 2. Assume that the company evaluates performance using residual income and that the minimum required rate of roturn for an division is 13\%. Compute the residual income for each division. Complete this question by entering your answers in the tabs below. For each division, compute the retum on investment (ROI). Tan Corporotion of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected dato on the two divisions follow: Requlred: 1. For each division, compute the retum on investment (ROI) 2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 13% Compute the residual income for each division. Complete this question by entering your answers in the tabs below. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 13%. Compute the residual income for each division