Three divisions of Jameson Co. report the following sales and operating data: Fitness Training Spa Services Sales $540,000 $790,000 Athletic Wear $650,000 Average operating assets $108,000 $158,000 $130,000 Operating income $ 27,000 $ 39,500 $ 39,000 Minimum required rate of return 14% 16% 14% Required: 1. Compute the ROI for each division, using the formula stated in terms of margin and turnover. ROI Fitness training 25% Spa services 25% Athletic wear 30 % 2. Compute the residual income for each division. Fitness Training Residual income S Spa Services Athletic Wear 11,880 S 14,220 S 20,800