Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow:
Division Osaka Yokohama
Sales $ 10,700,000 $ 37,000,000
Net operating income $ 749,000 $ 3,330,000
Average operating assets $ 2,675,000 $ 18,500,000
For each division, compute the return on investment (ROI) in terms of margin and turnover.
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Home » Business » Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Division Osaka Yokohama Sales $ 10,700,000 $ 37,000,000 Net operating income $ 749,000 $ 3,330,000 Average