Meiji isetan corp. of japan has two regional divisions with headquarters in osaka and yokohama. selected data on the two divisions follow: divisionosaka yokohamasales $ 9,700,000 $ 27,000,000net operating income $ 776,000 $ 2,700,000average operating assets $ 2,425,000 $ 13,500,000required: 1. for each division, compute the return on investment (roi) in terms of margin and turnover.2. assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 17%. compute the residual income for each division.3. is yokohama’s greater amount of residual income an indication that it is better managed?

Acompany manufactures hair dryers. it buys some of the components, but it makes the heating element, which it can produce at the rate of 920 per day. hair dryers are assembled daily, 250 days a year, at a rate of 360 per day. because of the disparity between the production and usage rates, the heating elements are periodically produced in batches of 2,300 units. a. approximately how many batches of heating elements are produced annually? b. if production on a batch begins when there is no inventory of heating elements on hand, how much inventory will be on hand 4 days later? c. what is the average inventory of elements, assuming each production cycle begins when there are none on hand?

Personal financial planning is the process of creating and achieving financial goals? true or false

Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?