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Operating results for Triton Entertainment Limited for the year ended May 31, 2020 are as follows: Sales $4,180,000 Operating income Average operating assets Minimum required

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Operating results for Triton Entertainment Limited for the year ended May 31, 2020 are as follows: Sales $4,180,000 Operating income Average operating assets Minimum required rate of return 623,700 1,980,000 20% Required: Consider the following questions independently. Carry out all calculations to two decimal places. A. Compute Triton's ROI and residual income. B. Assume that the manager of Triton can increase sales by $350,000 and as a result operating income will increase by $60,000 without any increase in operating assets. What would the company's ROI be now? C. The owner of the company feels that an investment in operating assets of $500,000 will increase sales by $700,000 and operating income by $120,300. If you were the manager of Triton and are evaluated based on the company's ROI would you want to make the change. Why or why not? D. Using the information in part C would your answer change if you were evaluated on residual income. Why or why not

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