Assume you are the management accountant for the Foleo Group, and nine months ago you helped Tracey Chen introduce a performance measurement system across the organisation based on ROI as the sole measure. Tracey has now asked you to assist her in assessing the effectiveness of the new system since its introduction for each of the business units and H.O. Departments. To begin the process, she asks you to analyse the Foleo Accessories business - Tracey is quietly confident that performance has improved, considering the bonus payments across the business unit have been paid out each month since the system was implemented. You collect the data you need for your analysis of the performance of Foleo Accessories for the most recent quarter, compared with the same period last year, and compile it on the document below.

1- For the purpose of calculating ROI and RI, assume the followings: profit is defined as profit margin controllable by Foleo Accessories, invested capital is defined as total assets less current liabilities, and the current required rate of return on the Foleo Groups invested capital is 8%.

(a) Calculate the ROI for Foleo Accessories for this year and last year.

(b) Calculate the RI for Foleo Accessories for this year and last year.

(c) Are the RI measures consistent with the ROI measures in evaluating performance of Foleo Accessories between this year and last year?

2- Given the additional information below:

(a) Calculate the WACC for the current period and the same period last year. Round your answers to 2 decimal places (for example, 4.55%)

(b) Calculate the EVA for the current period and the same period last year.

(c) Are these EVA measures consistent with the ROI and RI measures in evaluating performance of Foleo Accessories between this year and last year?

Foleo Accessories Comparison Performance Report: Extract from Foleo Accessories Balance Sheet Comparison: Foleo Group's financial data