Mutani's Hiking Co. produces and sells specialty camping equipment nationally and internationally. Following is information about (2) Divisions, after exchange rate corrections: Italy Canada Invested capital (total assets) $400,000 $2,000,000 Net operating income $100,000 $750,000 Required rate of return 10% 10% Weighted average cost of capital 9% 9% Current liabilities $ 8,000 $40,000 After-tax income $60,000 $300,000 REQUIRED: a) Calculate each Division's ROI. (3 marks) b) Calculate each Division's Residual Income. (3 marks) c) Calculate each Division's EVA. (3 marks) d) Evaluate the (2) Divisions. What are 2 matters would you raise with the CEO, Mutani, when explaining the performance of the 2) Divisions. (3 marks) e) Suppose the Italian Division had an opportunity to invest $350.000 in a project that would generate sales of $500,000 and return on sales of 10%, or $50,000. Would the Division Manager be likely to undertake this project if he or she is evaluated using ROI? Explain_[3 marks)