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Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Sales Net operating income
Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Sales Net operating income Average operating assets Division Osaka Yokohama $ 3,980, eee $ 9,800,000 $ 210, eee $ 720,wee $ 1,800,000 $ 4,980, eee Required: 1. For each division, compute the return on Investment (ROI) in terms of margin and turnover. 2 Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 15%. Compute the residual income for each division. Complete this question by entering your answers in the tabs below. Required 1 Required 2 For each division, compute the return on investment (ROI) in terms of margin and turnover. (Do not round intermediate calculations.) Osaka Yokohama 96 ROI 96 Required Required 2 >
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