Exercise 23-20 a-c Presented below is selected information for three regional divisions of Sunland Company. Divisions North West South $299,700 $140,000 $499,800 $359,100 $399,300 $208,600 Contribution margin Controllable margin Average operating assets Minimum rate of return $1,000,000 $1,890,000 $1,490,000 12 % 15 % 8 % Compute the return on investment for each division. North Division West Division South Division Compute the residual income for each division. North Division West Division South Divisions Assume that each division has an investment opportunity that would provide a rate of return of 16%. If ROI is used to measure performance, which division or divisions will probably make the additional investment If residual income is used to measure performance, which division or divisions will probably make the additional North South West North and South North and West South and West North, South and West Click if you would like to Show Work for this question: Open Show Work