The correct final answers are provided below, please show your work on how to get the answers. Thanks!

13. ($15,000)

14. Yes, No

15. $53,125

16. 2.5%*6=15%

17. 60% mint, 40% caramel

18. $2,794,118

19. 31.75%

Use the following information to answer questions 13 through 19 York Candy Company makes two kinds of candy: mints and caramels. It operates each product line as a division: Mint Division and Caramel Division. Each division is treated as an investment center, and the division managers are responsible for making the investment decisions in their own divisions. Information about the two divisions is summarized below Caramel Division 1,800,000$1,200,000 Mint Division Total 3,000,000 Revenue Variable Costs Fixed Costs Operating Income 270000.I,980.000 0,000 950,000 1,080,000 Average Operating Assets.$500,000.. .$200,000.$700,000 Current Liabilities Return on Investment (ROI) 8% Contribution Margin Ratio 40% 15% 25% 10% 34% The target rate of return for both divisions is 1 196. 13. Compute the residual income for the Mint Division. 14. Assume that divisions are evaluated on the basis of ROI. Mint Division has the opportunity to make an investment that will yield 9%. Will the Mint Division manager want to make this investment? Would York's central management want Mint Division to make this investment