Selected sales and operating data for three divisions of different structural engineering firms are given as follows :

Division A Division B Division C
Sales $5,800,000 $9,800,000 $8,900,000
Average operating assets $1,450,000 $4,900,000 $2,225,000
Net operating income $284,200 $872,200 $191,350
Minimum required rate of return 18.00% 17.80% 15.00%
1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. (Round your Turnover answers to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i. e., 0.1234 should be entered as 12.34).)

Margin Turnover ROI
Division A _% __ %
Division B _% __ %
Division C _% __ %
2. Compute the residual income (loss) for each division. (Loss amounts should be indicated by a minus sign. Round your Required Rate of Return percentage answers to 2 decimal places (i. e., 0.1234 should be entered as 12.34).)

Division A Division B Division C
Avg operating Assets _ _
Required Rate of Return % % _%
Required Operating Income _ __ __
Actual Operating Income _ _ _
Required Operating Income (above) _ __
Residual Income (loss) _ _
3. Assume that each division is presented with an investment opportunity that would yield a 20% rate of return.

a. If performance is being measured by ROI, which division or divisions will probably accept or reject the opportunity?

Division A

Division B

Division C

b. If performance is being measured by residual income, which division or divisions will probably accept or reject the opportunity?

Division A

Division B

Division C

Ticker services began operations in 2015 and maintains long-term investments in available-for-sale securities. the year-end cost and fair values for its portfolio of these investments follow.portfolio of available-for-sale securities cost fair valuedecember 31, 2015 $ 369,060 $ 357,988 december 31, 2016 420,728 445,972 december 31, 2017 572,190 676,901 december 31, 2018 864,007 768,966 prepare journal entries to record each year-end fair value adjustment for these securities.calculation adjustment required to fair value adjustment.12/31/15 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/16 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/17 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/18 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) record the year-end adjusting entry for the securities portfolio as of december 31, 2015.date general journal debit creditdec 31, 2015 record the year-end adjusting entry for the securities portfolio as of december 31, 2016.date general journal debit creditdec 31, 2016 record the year-end adjusting entry for the securities portfolio as of december 31, 2017.date general journal debit creditdec 31, 2017 record the year-end adjusting entry for the securities portfolio as of december 31, 2018.date general journal debit creditdec 31, 2018