The following reflects operating data from three independent companies. Sales Operating assets: beg end Net operating income Minimum required rate of return Company B A C $ 8,000,000 $24,000,000 $ 16,000,000 4,500,000 14,000,000 7,800,000 5,500,000 10,000,000 8,200,000 400,000 720,000 800,000 7% 10% 6% Required: 1) Calculate the following for each company: margin, turnover and return on investment. 2) Calculate the residual income for each company. 3) Each company has the opportunity to invest in a project that will yield 7.5%. a) If performance is measured by ROI, which of the companies will accept/reject the opportunity? (One word answer for each.) b) If performance is measured by residual income, which of the companies will accept/reject the opportunity? (One word answer for each.)