These companies have two divisions, the data is as followed:

Division Perth Darwin Sales $ 9,300,000 - 22,000,000 Operating income 651,000 1,980,000 Average operating assets 3,100,000 11,000,000 Required: 1. Compute the ROI for each division. Perth Darwin ROI % %2. Assume that the companyr evaluates performance using residual income and that the minimum required rate of return for any division is 14%. Compute the residual income for each division. 3. Is the Darwin Division's greater residual income an indication that it is better managed? '3 Yes C\" No