a distinctive Raniero T-shirt. Raniero presents the following data for its first 2 years of operations, 2011 and 2012. (Click the icon to view the data.) Requirement 1. Calculate Raniero's operating income in both 2011 and 2012. Requirements 1. Calculate Raniero's operating income in both 2011 and 2012. 2. Calculate the growth, price-recovery, and productivity components that explain the change in operating income from 2011 to 2012. 3. Comment on your answers in requirement 2 . What does each of these components indicate? Requirement 2. Calculate the growth, price-recovery, and productivity components that explain the change in operating income fro (Click to view the components you will use in your formulas.) a distinctive Raniero T-shirt. Raniero presents the following data for its first 2 years of operations, 2011 and 2012. (Click the icon to view the data.) Requirement 1. Calculate Raniero's operating income in both 2011 and 2012. Requirements 1. Calculate Raniero's operating income in both 2011 and 2012. 2. Calculate the growth, price-recovery, and productivity components that explain the change in operating income from 2011 to 2012. 3. Comment on your answers in requirement 2 . What does each of these components indicate? Requirement 2. Calculate the growth, price-recovery, and productivity components that explain the change in operating income fro (Click to view the components you will use in your formulas.)