Suggest three financial performance measures that could be used to evaluate the divisions and the divi sional presidents Problem 12.3 (L02) Return on Investment Consider the following information for McKinley und son Total assets Noninterest-bearing current liabilities Net income Interest expense Tax rate 12/31/2020 $55,000,000 1,100,000 3,300,000 726,000 20% 12/31/2021 $62,000,000 1.320.000 3,400,000 770,000 20% Required a. Calculate ROI for 2020 and 2021. Round ROI to four decimal places. b. While income has increased in fiscal 2021, is it clear that the company's performance has improved? Problem 12.3 (LO2) Return on Investment Consider the following information for McKinley and Son: Tinancial performance measures that could be sional presidents. Total assets Noninterest-bearing current liabilities Net income Interest expense Tax rate 12/31/2020 $55,000,000 1,100,000 3,300,000 726,000 20% 12/31/2021 $62,000,000 1,320,000 3,400,000 770,000 20% Required a. Calculate ROI for 2020 and 2021. Round ROI to four decimal places. b. While income has increased in fiscal 2021, is it clear that the company's performance has improved? Information