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

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Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow Division Yokohama Sales Osaka 5 10,200,000 Net operating income $ 32,000,000 53,200,000 $ 816,000 Average operating assets $ 2,550,000 $ 16,000,000 Book Required: 1. For each division, compute the return on investment (ROI). B 2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 17% Compute the residual income for each division int Complete this question by entering your answers in the tabs below. ences Required 1 Required 2 Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 17%. Compute the residual income for each division, Osaka Yokohama Residual income

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