Requirement 2: Revise the data in your worksheet as follows: 1 A Chapter 10: Applying Excel B 2 ences 3 Data 4 Sales $ 16,000,000 5 Net operating income $ 1,760,000 6 Average operating assets $ 4,000,000 7 Minumum required rate of retum 30% If your formulas are correct, you should get the correct answers to the following questions. a. What is the ROI? ROL % b. What is the residual income? (Negative amount should be indicated by a minus sign.) Residual income c. Why is the residual income positive?