Zwann Systems develops and manufactures residential water filtration units that are installed under the sink. The filtration unit removes chlorine and other chemicals from drinking water. This Dutch company has successfully expanded sales of its units in the European market for the past 12 years. Six years ago, Zwann started a US manufacturing and marketing division and three years ago, an Australian manufacturing and marketing division. Summary operating data for the last fiscal year are: Zwann Systems Summary of Operations Last Fiscal Year (millions of ) Australia Netherlands Sales Divisional expenses Net profit 50 38 12 US 75 58 17 Tota 180 129 51 Senior management is in the process of evaluating the relative performance of each division. While the Netherlands division is the largest and generates the most profit, this division also has the largest asset investment, as indicated by the following