1. Calculate the ROI and residual income for each division of Lucy Manufacturing, and briefly explain which manager will get the bonus. What are the advantages and disadvantages of each measure? 2. The CEO of Lucy Manufacturing has recently heard of another measure similar to residual income called EVA. The CEO has the accountant calculate adjusted incomes for clothing and cosmetics, and finds that the adjusted after-tax operating incomes are $401,400 and $2,067,200, respectively. Also, the clothing division has $270,000 of current liabilities, while the cosmetics division has only $120,000 of current liabilities. Using the preceding information, calculate the EVA for each division and discuss which division manager will get the bonus. 3. What nonfinancial measures could Lucy use to evaluate divisional performances