a) What type of responsibility centre best describes each of the following, and why? (3 marks) a. The cleaning department of Melbourne Private Hospital Ltd. b. The reservations division of Rosie Transport Tours Ltd c. The Singapore division of a global video technology company, whose head office is in Sydney. ANSWER a): b) Fishy and Chippy Ltd operates a chain of restaurants in Perth, South Australia. The head office reviewed information about two of its restaurants - i.e. Restaurant Alpha and Restaurant Gamma (see below). Each restaurant operates as a separate stand-alone business and is designated as an investment centre. (8 marks) Required: i. Calculate the financial performance of each restaurant using both ROI and RI. Assume the firm's minimum required rate of return is 13%. (4 marks) ii. Which restaurant performed better? Explain ( 2 marks) iii. Suggest two ways the poor-performing restaurant can improve its performance in the future (2 marks) SHOW YOUR WORKINGS