Three divisions of Jameson Co. report the following sales and operating data: Fitness Athletic Spa Services Training s 600,000 200,000 30,000 Wear Sales 750,000 250,000 $ 37,500 s 400,000 100,000 $ 24,000 Average operating aasets Operating income Minimum required rate of 10% 12 10 return Required 1. Compute the ROI for each division, using the formula stated in terms of margin and turnover ROI Fitness training Spa services % % Athletic wear 2. Compute the residual income for each division. Fitness Spa Services Athletic Wear Training Residual income 3. Assume that each division is presented with an investment opportunity that would yield a rate of return of 17 % a. If performance is being measured by ROI, which division or divisions will probably accept the opportunity? 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