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The following data are available for two divisions of Solomons Company North Division $ 9,200,000 46,000,000 South Division $ 42,000,000 336,000,000 Division operating profit Division

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The following data are available for two divisions of Solomons Company North Division $ 9,200,000 46,000,000 South Division $ 42,000,000 336,000,000 Division operating profit Division investment The cost of capital for the company is 7 percent. Ignore taxes. Required a-1. Calculate the ROI for both North and South divisions. (Enter your answers as a percentage rounded to 1 decimal place (i.e., 32.1)) Divisions RO North South a-2. If Solomons measures performance using ROI, which division had the better performance? North South b-1. Calculate the EVA for both North and South divisions. (The divisions have no current liabilities.) Divisions North South EVA

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