Problem 3: (15 points) Mallory, Inc. has the following data available for two of its divisions for last year European Division Asian Division Sales Contribution Margin Operating income Average operating assets 500,0001,000,000 600,000 105,000 900,000 15% 200,000 95,000 360,000 15% 15,000 Weighted average cost of capital Current liabilities 20,000 Required: (a) ROI. (b) Residual income. (c) Please briefly explain how to calculate EVA if current Current liabilities usually do not have cost ofcapital). No need to actually do the calc (d) Briefly discuss which division appears most successful and why? liabilities are given as above (Hint