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 $ 9,900,000 $ 29,000,000
net operating income $ 792,000 $ 2,900,000
average operating assets $ 2,475,000 $ 14,500,000

(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?

The balance sheet contains the following major sections: current assets long-term investments property, plant, and equipment intangible assets other assets current liabilities long-term liabilities contributed capital retained earnings accumulated other comprehensive income required: the following is a list of accounts. using the letters a through j, indicate in which section of the balance sheet each of the accounts would be classified. if an account does not belong under one of the sections listed, select "not under any of the choices" from the classification drop down box. for all accounts, indicate if the account is a contra account or an account that would normally be deducted on the balance sheet by selecting "yes" from the second drop down box, otherwise select "no". account classification contra or deducted (yes/no) 1. cash 2. bonds payable (due in 8 years) 3. machinery 4. deficit 5. unexpired insurance 6. franchise (net) 7. fund to retire preferred stock 8. current portion of mortgage payable 9. accumulated depreciation 10. copyrights 11. investment in held-to-maturity bonds 12. allowance for doubtful accounts 13. notes receivable (due in 3 years) 14. property taxes payable 15. deferred taxes payable 16. additional paid-in capital on preferred stock 17. premium on bonds payable (due in 8 years) 18. work in process 19. common stock, $1 par 20. land 21. treasury stock (at cost) 22. unrealized increase in value of available-for-sale securities

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

Blank is the internal operation that arranges information resources to support business performance and outcomes