21 (20 marks) Mark to review this question at the end of the exam A diversified company operates four departments. The company has collected the following departmental information for 2021: Department A Sales $ 300,000 70,000 1,500,000 950,000 B C D Cost of goods sold $ 250,000 35,000 1,200,000 550,000 Operating Operating expenses income Current investment $ 20,000 $30,000 $210,000 22,500 12,500 175,000 95,000 205,000 176,000 224,000 1,250,000 1,150,000 Department managers are currently evaluated on retum on investment (ROI) and the company requires a minimum ROI of 8% Each department has the opportunity to invest in a project that generates a ROI of 14%. a Determine which department managers would accept or reject the proposed investment, discuss why or why not, and indicate whether or not their decision is in the best interest of the company. (8 marks) Describe a popular measure that can help overcome the suboptimization limitation of ROI, calculate that measure for each department based on the information provided, and determine and assess the performance of each of the departments accordingly. (6 marks) Describe the phenomenon known as investment myopia and discuss whether or not it is evident in this scenario. Identify four ways in which investment myopia can be overcome. (6 marks) Font D Size E hp 9:5 ENG 6/1