Question: Please do Requirement 3 and 4 step by step calculation Global Event Group has two major divisions: Print and Internet. Summary financial data (in millions)

Please do Requirement 3 and 4 step by step calculation
Global Event Group has two major divisions: Print and Internet. Summary financial data (in millions) for 2021 and 2022 are as follows: (Click the icon to view the data.) The two division managers' annual bonuses are based on division ROI (defined as operating income divided by total assets). If a division reports an increase in ROI from the previous year, its management is automatically eligible for a bonus; however, the management of a division reporting a decline in ROI has to present an explanation to the Global Event Group board and is unlikely to get any bonus. Carol Mays, manager of the Print Division, is considering a proposal to invest $825 million in a new computerized news reporting and printing system. It is estimated that the new system's state-of-the-art graphics and ability to quickly incorporate late-breaking news into papers will increase 2023 division operating income by $132 million. Global Event Group uses a 16% required rate of return on investment for each division. Data table Internet Use the DuPont method of profitability analysis. Select th A. The Print Division has a relatively high ROI beca ver because of its very high income margin. B. The Print Division has a relatively low ROI becau ver because of its very low income margin. C. The Print Division has a relatively high ROI beca, low income margin. D. The Print Division has a relatively low ROI becau high income margin. Required 1. Use the DuPont method of profitability analysis to explain differences in 2022 return on investments (ROls) between the two divisions. Use 2022 total assets as the investment base. 2. Why might Mays be less than enthusiastic about accepting the investment proposal for the new system, despite her belief in the benefits of the new technology? 3. Murdoch Turner, CEO of Global Event Group, is considering a proposal to base division executive compensation on division residual income (RI). Print a. Compute the 2022RI of each division. Internet b. Would adoption of an RI measure reduce Mays's reluctance to adopt the new computerized system investment proposal? 4. Turner is concerned that the focus on annual ROls could have an adverse long-run effect on Global Event Group's customers. What other measurements, if any, do Global Event Group has two major divisions: Print and Internet. Summary financial data (in millions) for 2021 and 2022 are as follows: (Click the icon to view the data.) The two division managers' annual bonuses are based on division ROI (defined as operating income divided by total assets). If a division reports an increase in ROI from the previous year, its management is automatically eligible for a bonus; however, the management of a division reporting a decline in ROI has to present an explanation to the Global Event Group board and is unlikely to get any bonus. Carol Mays, manager of the Print Division, is considering a proposal to invest $825 million in a new computerized news reporting and printing system. It is estimated that the new system's state-of-the-art graphics and ability to quickly incorporate late-breaking news into papers will increase 2023 division operating income by $132 million. Global Event Group uses a 16% required rate of return on investment for each division. Data table Internet Use the DuPont method of profitability analysis. Select th A. The Print Division has a relatively high ROI beca ver because of its very high income margin. B. The Print Division has a relatively low ROI becau ver because of its very low income margin. C. The Print Division has a relatively high ROI beca, low income margin. D. The Print Division has a relatively low ROI becau high income margin. Required 1. Use the DuPont method of profitability analysis to explain differences in 2022 return on investments (ROls) between the two divisions. Use 2022 total assets as the investment base. 2. Why might Mays be less than enthusiastic about accepting the investment proposal for the new system, despite her belief in the benefits of the new technology? 3. Murdoch Turner, CEO of Global Event Group, is considering a proposal to base division executive compensation on division residual income (RI). Print a. Compute the 2022RI of each division. Internet b. Would adoption of an RI measure reduce Mays's reluctance to adopt the new computerized system investment proposal? 4. Turner is concerned that the focus on annual ROls could have an adverse long-run effect on Global Event Group's customers. What other measurements, if any, do
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