Question: Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: DivisionOsakaYokohamaSales$ 9 , 4

Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: DivisionOsakaYokohamaSales$ 9,400,000$ 24,000,000Net operating income$ 752,000$ 2,400,000Average operating assets$ 2,350,000$ 8,000,000Required:For each division, compute the return on investment (ROI).Compute the residual income for each division assuming the companys minimum required rate of return is 18%.Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Division Osaka Yokohama Sales $ 9,400,000 ?$ 24,000,000 ?Net operating income $ 752,000 ?$ 2,400,000 ?Average operating assets $ 2,350,000 ?$ 8,000,000 ?Required: For each division, compute the return on investment (ROI). ?Compute the residual income for each division assuming the companys minimum required rate of return is 18%.

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