using Exercise attached, break it down on a step by step basis explaining what you did to solve it and why. Be sure to put those steps in a word document in paragraph format. You may use bullet points as a sort of ?table? to highlight the steps for clarity (and I recommend this step), but paragraph format is still required.

The word document should be a minimum of at least one page and no more than three pages in length.

Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Sales Average operating assets Net operating income Minimum required rate of return Division A 5,300,00 $ 0 1,060,00 $ 0 $ 233,200 13.00% Division B Division C 9,300,00 8,400,00 $ $ 0 0 4,650,00 1,680,00 $ $ 0 0 $ 781,200 $ 138,600 16.80% 10.00% 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