Melli Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama....
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Melli Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow (in millions of yen, denoted by): Sales Net operating income Average operating assets Division Osaka Yokohama Y 7,262,500 427,000,000 621,000 1,890,000 2,700,000 9,000,000 Required: 1. For each division, compute the ROI in terms of margin and turnover. (Do not round intermediate calculations and round your final answers to 2 decimal places.) ROI Osaka division Yokohama division % 2. Assume that the company evaluates performance by use of RI and that the minimum required return for any division is 19% Compute the Rl for each division RI Osaka division Yokohama division
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