&Pizza is a regional fast casual pizza restaurant chain. &Pizza reports the following results from last year's operations. The manager of &Pizza, who have the authority to make investments as needed are evaluated based on ROI. Sales $11,600,000 Variable expenses 7,380,M Contribution margin 4,220,000 Fixed expenses iw Net operating income $MM Average operating assets $6,000,000 At the beginning of this year, the DC-area manager is considering a $800,000 investment opportunity for a new outlet with the following characteristics: Sales $560,000 Contribution margin ratio 50% of sales Fixed expenses $254,400 (Show your work) 1. What was last year's return on investment (ROI) for &Pizza? (Round to the nearest 0.1%.) 2, What is the ROI for the new investment opportunity by itself? 3. If &Pizza pursues the investment opportunity and othenNise performs the same as last year. what will be the overall ROI be this year? (Round to the nearest 0.1%.) 4. If you were the managerfor DC-area &Pizza operations would accept or reject the new investment opportunity? Why