"We are under pressure to add that new product line, said Jack Lew, manager of Beyonce Inc. 's' North Division. "But want to see the numbers before I make a move. Our division's return on investment (ROI) has led the company for three years, and I want to continue to lead in ROI. Beyonce Inc. is a decentralized wholesaler with four autonomous divisions. The divisions are evaluated on the basis of ROl, with year-end bonuses given to divisional managers who have the highest ROl Operating results for the company's North Division for last year are given below: Sales $22,000,000 Variable expenses 13,000,000 Contribution margin 9,000,000 Fixed expenses Net operating income Divisional operating assets 7,218,000 $ 1,782,000 $5,500,000 The company had an overall ROI of 18% last year (considering all divisions). The company's North Division has an opportunity to add a new product line that would require an investment of $3,200,000. The cost and revenue characteristics of the new product line per year would be as follows Sales Variable expenses Fixed expenses $ 8,960,000 65% of sales $2,508,800 Required 1. Compute the North Division's ROl for last year, also compute the ROl as it would appear if the new product line is added. (Round your intermediate calculations and final answers to 2 decimal places. Omit the "%" sign in your response.) ROI Present New product line alone Total