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Return on Investment and Residual Income Johnson Company has two sources of funds: long-term debt and equity capital. Johnson Company has profit centers in the

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Return on Investment and Residual Income Johnson Company has two sources of funds: long-term debt and equity capital. Johnson Company has profit centers in the following locations with the following net incomes and total assets: Net Income Assets Las Vegas Dallas Tampa $760,000 $4,000,000 1,000,000 8,000,000 1,840,000 12,000,000 a. Calculate ROI for each profit center and rank them from highest to lowest based on ROI. Round ROl to the nearest whole percentage. ROI Rank Las Vegas Dallas Tampa b. Calculate residual income for each profit center based on a desired ROI of 5% and rank them from highest to lowest based on residual incorne. ROI Rank Las Vegas$ Dallas Tampa

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