Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected...

 

Transcribed Image Text:

Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow Sales Division Osaka Yokohama 22,000,000 $9,200,000 $2 Net operating income Average operating $ 552,000 $1,760,000 11,000,000 $2,300,000 $ assets Required: 1. For each division, compute the return on investment (ROI) in terms of margin and turnover. (Do not round intermediate calculations. Enter your answers as a percent (ie., 0.12 should be entered as 12).) Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow Sales Division Osaka Yokohama 22,000,000 $9,200,000 $2 Net operating income Average operating $ 552,000 $1,760,000 11,000,000 $2,300,000 $ assets Required: 1. For each division, compute the return on investment (ROI) in terms of margin and turnover. (Do not round intermediate calculations. Enter your answers as a percent (ie., 0.12 should be entered as 12).)

Answer rating: 100% (QA)

To calculate the return on investment ROI for each divisio... View the full answer