Required:1. Compute the ROI for the division without the investment.2. Compute t

Required:1. Compute the ROI for the division without the investment.2. Compute the margin and turnover ratios without the investment. Show that the product of the margin and turnover ratios equals the ROI computed in Requirement 1.3. Compute the ROI for the division with the new investment. Do you think the divisional manager will approve the investment?4. Compute the margin and turnover ratios for the division with the new investment. Compare these with the old ratios.5. Compute the EVA of the division with and without the investment. Should the manager decide to make the knitting machine investment?