Question: TL Division of Giant Bank has assets of $14.4 billion. During the past year, the division had profits of $1.8 billion. Giant Bank has a

TL Division of Giant Bank has assets of $14.4 billion. During the past year, the division had profits of $1.8 billion. Giant Bank has a cost of capital of 8 percent. Ignore taxes.

Required

a. Compute the divisional ROI.

b. Compute the divisional RI.

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