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CC Inc's year-end 2022 financial data is as follows: ROI= Operating Income / Total Assets RI= Operating Income - (target rate of return Total Assets)

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CC Inc's year-end 2022 financial data is as follows: ROI= Operating Income / Total Assets RI= Operating Income - (target rate of return Total Assets) Profit Margin = Operating Income / Sales Revenue 7a Calculate ROI (return on investment) and RI (residual income) for ABC Inc. Use correct "terms" (such as '\%' or '\$') in your numeric answers. (2 pts) 7b Interpret ROI and RI from Part a with one brief comment for each. (3 pts) 7c Calculate profit margin for CC Inc. If the industry average for profit margin is 12%, how would you interpret CC Inc's performance, based only on this ratio? (1 pt) 7d How does a balanced scorecard evaluate a company's performance? In your answer, cite at least three specific terms used in this performance method. Answers must be brief (maximum of 20 words total) ( 4 pts)

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