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Three divisions of Jameson Co. report the following sales and operating data: Three divisions of Jameson Co. report the following sales and operating data: Sales

Three divisions of Jameson Co. report the following sales and operating data:image text in transcribedimage text in transcribed

Three divisions of Jameson Co. report the following sales and operating data: Sales Average operating assets Operating income Minimum required rate of return Fitness Training $690.000 $172, 500 $ 27,600 12% Spa Services $890,000 $222, 500 $ 35, 600 14 % Athletic Tear $ 700.000 $140,000 $ 35.000 12% 3. Assume that each division is presented with an investment opportunity that would yield a rate of return of 19%. a. If performance is being measured by ROI, which division or divisions will probably accept the opportunity? o Fitness Training Spa Services Athletic Wear b. If performance is being measured by residual income, which division or divisions will probably accept the opportunity? Fitness Training Spa Services Athletic Wear

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