Question
Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Division Sales 0saka Yokohama
Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Division Sales 0saka Yokohama Net operating income $880,000,000 $40,000,000 Average operating assets $2,750,000 $4,000,000 Required: For each division, compute the return on investment (ROI). Compute the residual income for each division assuming the company's minimum required rate of return is 18%. Complete this question by entering your answers in the tabs below. For each division, compute the return on investment (ROI). Compute the residual income for each division assuming the companies minimum required rate of return is 18%.
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