Computing, Analyzing and Interpreting Residual Operating Income (ROPI) In its 2015 fiscal year annual report, Texas Roadhouse reports net operating income after tax (NOPAT) of $104,717 thousand. As of the beginning of fiscal year 2015 it reports net operating assets of $586,105 thousand. a. Did Texas Roadhouse earn positive residual operating income (ROPI) in 2015 if its weighted average cost of capital (WACC) is 796? Explain. OTXRH earned a negative ROPI because the realized NOPAT exceeds the expected NOPAT OTXRH earned a positive ROPI because the realized NOPAT was less than the expected NOPAT. ?DRH earned a positive ROPI because the realized NOPAT exceeds the expected NOPAT. OTXRH earned a negative ROPI because the realized NOPAT was less than the expected NOPAT. 1.00 points out of 1.00 b. At what level of WACC would Texas Roadhouse not report positive residual operating income for 2015? Round answer to one decimal place (ex: 0.2345-23.5%) 0 X% Check