Question: Please show all calculations - Thx Selected data from York Company's accounting records reveal the following: Sales $ 700,000 Average investment $ 350 , 00

Please show all calculations - Thx

Selected data from York Company's accounting records reveal the following: Sales $ 700,000 Average investment $ 350 , 00 0 Operating income 5 50 , DO 0 Minimum rate of return 12% Required: 1. Calculate return on investment (ROI) for this investment center {show separately the two major components of the ROI calculation). Round all computations to two decimal places. 2. Calculate residual income (RI) for this investment center. 3. Comment briey the York's performance based on your calculations in 1 and 2A

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