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The Campus Division of All-States Bank has assets of $2,800 million. During the past year, the division had profits of $275 million. All- States Bank
The Campus Division of All-States Bank has assets of $2,800 million. During the past year, the division had profits of $275 million. All- States Bank has a cost of capital of 5 percent. Ignore taxes. Required: a. Compute the divisional ROI for the Campus Division. (Enter your answer as a percentage rounded to 1 decimal place (I.e., 32.1).) Answer is complete and correct. Divisional ROI 9.8 % | b. Compute the divisional RI for the Campus Division. (Enter your answ Answer is complete but not entirely correct. Divisional RIS 1 26
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