Problem 4-ROI vs, Residual Income - 18 total points Top management is trying to determine which would be the best choice of the following investment opportunities Data of investment choices Sales $80,000 $90,000 $60,000 Operating income 17,200 28,300 11,300 Average operating assets 2 50,000 320,000 113,000 Minimum required rate of return = 10% Required: Compute the following for each of the three choices. Return on investment Residual income Evaluate the three investment choices