(Just need Req 2 for both questions)

Comparative data on three companies in the same service industry are given below: Required: 2. Fill in the missing information. (Round the "Margin" answers to 1 decimal place and "Turnover" answers to 2 decimal places.) Company C $ $ Sales 600,000 500,000 84,000 70,000 Net operating income $ $ 300,000 1,000,000 Average operating assets 3.5% Margin % % Turnover 2.00 % 7 % Return on investment (ROI) % Exercise 10-12 Evaluating New Investments Using Return on Investment (ROI) and Residual Income LO10-1, LO10-2] Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division C Division B $ 12,000,000 Sales $14,000,000 $ 25,000,000 $ 7,000,000 $ 5,000,000 Average operating assets Net operating income Minimum required rate of return $3,000,000 $ 600,000 $ $ 560,000 800,000 148 10% 16 % Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. 2. Compute the residual income (loss) for each division. 3. Assume that each division is presented with an investment opportunity that would yield a 15% rate of return. a. If performance is being measured by ROI, which division or divisions will probably accept or reject the opportunity? b. If performance is being measured by residual income, which division or divisions will probably accept or reject the opportunity? XAnswer is not complete. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req Req 3B Compute the residual income (loss) for each division. (Loss amounts should be indicated by a minus sign.) Division A Division B Division C Residual income (loss)