Use the following information for the next two questions, Last year the Flavored Popcorn Division of Skaleap International had a return on investment of 18%. Residual income was $15,000. The required rate of return was 15%. Flavored Popcorn expects similar operating results in the coming year. Listed below are three possibilities for new flavors in the coming year: Flavor Strawberry Grapefruit Sardine Expected Annual Operating Income $ 4,200 $10,800 $17,500 Required Investment in Additional Assets $21,000 $67,500 $62,500 6. If the Flavored Popcorn Division is being evaluated on the basis of ROI, what will be its reaction (accept or reject) for each flavor? Strawberry Accept Accept Accept Reject Grapefruit Accept Reject Reject Reject Sardine Accept Accept Reject Accept If the Flavored Popcorn Division is being evaluated on the basis of residual income, what will be its reaction (accept or reject) for each flavor? Strawberry Accept Accept Accept Reject Grapefruit Accept Reject Reject Reject Sardine Accept Accept Reject Accept