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Batman Abstract Company has three divisions that operate autonomously. Their results for 20X5 are as...

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Batman Abstract Company has three divisions that operate autonomously. Their results for 20X5 are as follows: Riddler Joker Penguin Sales $5,000,000 $7,000,000 $10,000,000 Contribution margin 1,440,000 1,700,000 3,500,000 Operating income 1,000,000 1.750,000 2,520,000 Investment base 9,000,000 10,000,000 14,000,000 The company's desired rate of return is 20%. Required: a. Compute each division's ROI. b. Compute each division's residual income. e. Rank each division by both ROI and residual income. d. Which division had the best performance in 20X5

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