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Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the t divisions follow: Sales Net operating
Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the t divisions follow: Sales Net operating income Average operating assets Osaka Division $ 9,700,000 $ 776,000 $ 2,425,000 Yokohama $ 27,000,000 $ 2,700,000 $ 13,500,000 Required: . 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 ny division is 17%. Compute the residual income for each division. Complete this question by entering your answers in the tabs below. Required 1 Required 2 reach division, compute the return on investment (ROI). Osaka Yokohama % %
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