Hy tutor can you plz help me to get question number 3 with detail explanations

ads/ACC202%20MANAGEMENT%20ACCOUNTING%2012%202020%20(4).pdf prevailing market price on the last day of the financial year, and must be taken up within two yea award. During the past year, the market price of the company's shares increased from $4 to $6 target is not reached, there are no bonuses or share options, and the managing director has to convincing reasons for the poor performance. As a consequence of the performance measurem reward system, the managing directors are highly motivated to achieve, and exceed, their ROI t Jenice Cookson has just been appointed as a new management accountant in the head office, with redesigning the performance measurement system. As her first task, she has obtained the data for last year and the latest forecast for the current year, for each division, in thousands of d follows: Operating Profit ($) Sales Revenue ($) Divisional Assets ($) Target RC Last Current Last Current Last Current Last Year Year Year Year Year Year Year Newspaper 440 539 2 588 2 600 4 400 4 900 10 Brewing 950 1 100 4 750 4 500 5 000 6 471 18 Cable TV 200 350 1 800 850 6 660 7 000 2 Leonard Smith, the managing director of the brewing division, is concerned that his market shar hence his ROI, is likely to suffer next year, as his main competitor has recently purchased new technology. While his own brewing equipment is only ten years old, it is unable to produce the new varieties that customers are demanding, and maintenance and operating costs are increasing Smith is considering a proposal to invest $10 million in new equipment. This will probably increa year's operating profit for his division by $1 million. Smith has analysed the future cash flows of proposal, and the new acquisition will easily satisfy the minimum required rate of return of 10% investments that is set for the Youngblood group. Without this acquisition, Smith expects his div to drop to 14% next year. Required: 1. Calculate the ROI for each division for last year and the current year, as well as the two components of ROI: profit margin and return on assets. Comment on the relative perfor the three divisions. 2. Calculate the bonus that each managing director would earn in the two years. 3. Explain why Leonard Smith is reluctant to invest in the new brewing equipment. Provide calculations to back up your