Compute the West Division's ROI for last year; also compute the ROI as it would appear if the company duplicated the same performance as last year and also added the new product line. 2. (2 points) If you were in Fred Holloway's position, would you accept or reject the new product line? Explain. 3. (2 points) Why do you suppose headquarters is anxious for the West Division to add the new product line? 4. Suppose that the company's minimum required rate of return on operating assets is 15% and that the performance is evaluated using residual income. a. (2 points) Compute the West Division's residual income for the last year; also compute the residual income as it would appear if the company duplicated the same performance as last year and also added the new product line. b. (2 points) Under these circumstances, if you were in Fred Holloway's position would you accept or reject the new product line? Explain