Cleary Ceramics, a division of Kerwin Corporation, has an operating income of $78,000 and total assets of $416,000. The required rate of return for the company is 9%. The company is evaluating whether it should use return on investment (ROI) or residual income (RI) as a measurement of performance for its division managers. The manager of Cleary Ceramics has the opportunity to undertake a new project that will require an investment of $104,000. This investment would eam $15,600 for the company Read the requirements (Enter the percentage to two decimal places.) The original return on investment (ROI) for Cleary Ceramics is 18.75% Requirement 2. What would the ROI be for Cleary Ceramics of this investment opportunity were undertaken? Would the manager of the Cleary Ceramics division want to make this investment she were evaluated based on ROI? Why or why not? (Enter the percentage to two decimal places) 18 % If this investment opportunity were undertaken the ROI would be If the manager of this division is evaluated based on ROI she would not want to make this investment Investing in the new project would decrease the division's ROL Requirement 3. What is the ROI of the investment opportunity? Would the investment be desirable from the standpoint of Kerwin Corporation? Why or why not? (Enter the percentage to two decimal places.) e The ROI of the investment oportuniti