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Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two didisions follow: 02.18:00 Division Osaka Yokohama

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Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two didisions follow: 02.18:00 Division Osaka Yokohama Sales 9.400,000 $ 24,000,000 Net operating income $2,000 $ 2,400,000 Average operating assets 0.000 $ 6,000,000 Required: 1. For each division, compute the return on investment (RON 2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 18%. Compute the residual income for each division. Ook int nt Complete this question by entering your answers in the tabs below. nces Required 1 Required 2 For each division, compute the return on investment (ROI). O Yokohama ROI Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow 566 Division Osaka Yokohama Sales $ 9,400,000 $ 24,000,000 Net operating income $ 752,000 $ 2,400,000 Average operating assets 350,000 $ 8,000,000 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 18%. Compute the residual income for each division. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume that the company evaluahas performance using residual income and that the minimum required rate of return for any division is 18%. Compute the residual income for each division. Yokohama Residual income Oss

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